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Strategic Planning Quiz

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1. What does the term 'Strategic Planning' refer to in the context of business?

2. Which among the following is not typically a part of strategic planning?

3. What is the first stage in the strategic planning process?

4. Which of the following is not a benefit of strategic planning?

5. A SWOT analysis is typically conducted during which stage of the strategic planning process?

6. What is typically the last stage in the strategic planning process?

7. Why is it important to consider the external environment in the strategic planning process?

8. Which of the following can be an outcome of successful strategic planning?

9. Which tool is often used to assess the internal environment during strategic planning?

10. What is the main purpose of a 'Vision Statement' in strategic planning?