the type of planning mentioned in the question is strategic planning
Long term strategic planning-
The key to a a success long-term strategic planning system is to be able to pick out the central capabilities you'll require, after which start straight away to broaden or to accumulate the core capabilities in order to be strongly located for the markets and opposition in the future. To have a a successful planning system, you should take the essential steps withinside the brief time period to assure that you'll reap the profitability which you prefer within the long time period. This capacity to suppose long-term has in no way been greater crucial or greater treasured than it is today. It is an actual key to profitability.
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