rategic planning in a organization include (a) the ability of suppliers to dic tate prices, (b) the availability of raw materials, (c) the cost of raw materials, (d) the availability of labor, (e) the cost of labor, (f) the availability of capital, (g) the cost of capital, and (h) technological change (Glueck, 1989). 4
5. Geographic factors. Geographic factors affecting an organization's strategic planning are associated with (a) legal barriers to entry of international markets, (b) growth and decline in both existing and new markets, and (c) changing supply and cost conditions in different markets.
6. Social and other factors. The relevant social and other factors affecting an organization's strategic planning are dynamic. What is a highly significant factor today may be of little consequence (in the context of strategic planning) tomorrow, and vice versa. As examples, changes in societal attitudes toward gambling opened new strategic opportunities for casino operators in New Jersey in the 19
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