Create a Strategic Plan. The ability to think strategically and make choices based on solid analysis and evaluation, in order to capitalize on achieving optimal results when applying limited resources of the firm, are at the core of this strategic initiative plan. Strategic initiatives act as the vehicle to accomplish For the Strategic Plan; you will work throughout to create a market entry plan (entrepreneurial), which seeks to increase your organization's competitive advantage. Your strategic plan should aim to innovate. Throughout the development of your strategic plan consider your organization’s responsibility in the greater social good from a Christian perspective and how your plan address ethics, cooperate social responsibly and sustainability. Globalization brings both benefits and challenges in the business sphere. Be sure to consider how globalization impacts your strategic plan and address any international considerations if needed.

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Introduction It is so important for a business to have a strategy that helps it to maneuver through the markets Developing a good plan for the firm will therefore make the business experience an overa... View the full answer