Bulk#2

I need a minimum of 75 words per question.  Again all three questions will need to be in detail and and a minimum of 75 words each.

01.) What is the difference between long-range planning and strategic planning? Explain your answer.

02.) Describe the strategic management process, and include how it is used by organizations

03.) Do you feel an organization should maintain their original mission and vision statement(s), or do you feel these statements should be periodically updated? Please explain your answer.