g (FSP) is defined as "the process of determining the mission, major objectives, strategies, and policies that govern the acquisition and allocation of resources to achieve organizational aims" (Pearce, Freeman, and Robinson, 1987, p. 658). Strategic planning is a process which generates specific actions which are required to carry out a particular strategy. By definition, thus, the strategic planning process begins subsequent to the adoption of a strategy. The entire strategic process within an organization, however, is a set of highly interrelated components, which function within a dynamic environment. Thus, in the "real world", strategic planning will often precede strategy development, because of the cyclical character of the strategic process. The generally recognized elements of the strategic cycle are (1) organizational considerations, which are concerned primarily with the organizational structure, (2) resource requirements, (3) strategic
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