as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what's the purpose of a strategic plan for a company?
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the purpose of a strategic plan for a company is to set a long-term direction to achieve its vision and mission, provide a way to measure progress, and make decisions related to resource allocation and management. it is also used to identify areas of opportunity and strategies to take advantage of them.
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