Milo owns and manages a small bike repair store. In order to determine if strategic planning will be likely to help his business, Milo should primarily assess
A. how many competitors he has.
B. foot traffic by his location.
C. his profitability in the prior six months.
D. industry trends.
E. how much he intends to grow in the next five years.
A. how many competitors he has.
Strategic planning is not likely to result in a significant improvement unless Milo is in a highly competitive industry.
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