Debating The Merits of Globalization Essay Examples

globalization, each business has the challenge to draw clear and objective strategic business plans with the aim of diversifying products or services or risk being out of business. Strategic planning also induces a change of operational activities. Strategic plans are essential route maps for propelling a business from the current position to the next level. Strategic Planning has evolved over the years to be one of the fundamental parts of organizations. Furthermore, several theories have been developed by scholars to contribute to and explain the main components of strategic planning. In his five functions of management, Henry Fayol one of the major contributors to organization theory and practice...