Global strategic planning is a primary function of a company's managers, and the process of strategic planning provides a formal structure for undertaking this process. Companies are confronting a set of environmental forces that are increasingly complex, global, and subject to rapid change. In response, many international firms have found it necessary to institute formal global strategic planning to provide a means for top management to identify opportunities and threats from all over the world, formulate strategies to handle them, and stipulate how to finance and manage the implementation of these strategies? Drag the following stat ogic pianning steps into the ordor in which they typicaliy occur, from first to last.1. Quanbry goals 2. Formulatc strategic3. External analysis4. Set ojectives 5. Intemal Analysis 6. Tactical planning 7. Define busines

1. External analysis

2. Internal analysis

3. Define business

4. Set objectives

5. Quantify goals

6. Formulate strategies

7. Tactical planning

Explanation:

Global Strategic Planning happens in the following 7 stages;

1. External Analysis

Scan the business's external Environment and identify the opportunities presented or the threats posed by outside forces to the company.

2. Internal Analysis

Then it is time to look into the company and find out it's strengths, weakness, it's customers and value chain,  and what sets it apart from others. In other words, what is the Differentiation factor that it has over other companies.

3. Define Business

What is the company's reason for being in existence. What are the objectives and aims of the business and who is it targeting. Why is it targeting them. This is where those Important questions are asked so that one might know why the business exists.

4. Set Objectives.

Here the company should set objectives for what they want the company to do in the global Environment. How the company should be positioned and what the strategic goals are.

5. Quantify Goals

Here the company attempts to quantify or properly express the goals that they hope to achieve in the globe so make it less complicated.

6. Formulate Strategies

Based on what the company has researched and analyzed about itself and the external Environment, strategies for implement it's goals should then be formulated.

7. Tactical Planning

After the Strategic goals have been made, the Tactical Planning is next. This is when the plans that will ensure the success of the strategic goals are then made. These are more short term in nature unlike the strategies that are long term.

1. External analysis

2. Internal analysis

3. Define business

4. Set objectives

5. Quantify goals

6. Formulate strategies

7. Tactical planning

The following information should be considered:

Global Strategic Planning happens in the following 7 stages;

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