Describe the relationship between strategic and financial planning.

Write a 1,050- to 1,400-word paper in which you describe the relationship between strategic and financial planning. Include the following:

·         A strategic planning initiative for your organization and identify an initiative discussed in the organization’s annual report

·         How the initiative affects the organization’s financial planning

o    How will the initiative affect costs?

o    How will the initiative affect sales?

·         Risks associated with the initiative and financial effects they may have

Format your paper consistent with APA guidelines.

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