strategic planning process

In  today’s economic environment, which of the five steps in the strategic   planning  process do you think is the most important? Give an example of an   industry where  this would be the most important step. Do you think that a   different industry  might place more emphasis on another step in the strategic   planning process?  Why?

Your  journal entry must be at least 200 words. No references or citations   are  necessary.

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