Explain why the different types of planning are important to the strategy of an organization.

Write a 1,050- to 1,400-word paper in which you address the following: 

  • Explain why the 3 types of goals are important to the strategy of an organization.
  • Explain why the different types of planning are important to the strategy of an organization.
  • Examine the elements or factors involved in creating an effective strategy for an organization.

Cite a minimum of 2 peer-reviewed sources and include examples from one or more Fortune 500 companies to illustrate your points.

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