Companies need proper strategic management for them to prosper in their functions. 

Companies need proper strategic management for them to prosper in their functions.

Companies need proper strategic management for them to prosper in their functions. The
process of strategic planning involves several steps. The first crucial step is to establish the goals,
vision and mission of the organization. The companies develop who they will do business with,
the goods or services that it will offer and the quality of the products and what will be the
motivating factor to help the company achieve its set goals. The second step is to determine the
available opportunities and threats whereby the company does research to establish their

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