Strategic planning plays an important and key role in the success and survival of all kinds of\nbusiness organizations. More specifically in the small and medium enterprises which are\nconsidered as the back bone of any economy in the present world. Though in current complex\nworld the strategic planning is essential for any organization success in business arenas but\nthe research from the perspective of constituent components of strategic planning is just at the\nstarting point today. Similarly the research from strategic planning perspective in developing\ncountries is very limited. Thus the literature of strategic planning at present is demanding\nmore empirical studies to be conducted and more specifically in the context of small and\nmedium enterprises of developing countries.
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