Test 2 Study Guide TRUE/FALSE 1. Strategic planning is the process by which an organization makes decisions and takes actions that affect its long-run performance. TRUE 2. Strategic Management refers to overall, long-run management, including planning, organizing, leading, and controlling effectively and efficiently over the long-run. TRUE 3. Strategic planning is a part of strategic management. TRUE 4. The four stage process of strategic planning includes strategic analysis, strategy formulation…
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