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Strategic planning and business planning are not identical processes. True False

  1. Strategic planning and business planning are not identical processes.

    True

    False

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Answer #2

False

Strategic planning and business planning are identical processes.

The focus of strategic planning is to define a game plan for long-run survival and growth.On the other hand a business plan is a written document that describes in detail how a business, usually a new one, is going to achieve its goals.

A business plan and Strategic plan are identical as both plans are based on goals and objectives of a business and requires set of activities to achieve those business goals and objectives.

answered by: anonymous
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