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Topic: Business
Number of pages / Number of words: 6 / 1408
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A good plan contains also a risk analysis which identifies the possible risks and proposed measures for reducing their likelihood and their potential negative consequences.

There are different levels of planning and spheres of their content, as shown in Table 6.1(Boddy, 2005, p.170). Thus, there are three major planning levels: organizational, divisional or strategic business unit, and operational...


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Thus, there are three major planning levels: organizational, divisional or strategic business unit, and operational. Strategic plans apply to the whole organization or business unit. A strategic plan sets out the overall direction for the business, is broad in scope and covers all the major activities...


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