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The five stages of the process are goal-setting, analysis, strategy formation, strategy implementation and strategy monitoring.
- Clarify Your Vision. The purpose of goal-setting is to clarify the vision for your business. ...
- Gather and Analyze Information. ...
- Formulate a Strategy. ...
- Implement Your Strategy. ...
- Evaluate and Control.
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YA..... HIS ANSWER IS EXACTLY CORRECT.
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