Question: A strategic plan is primarily used for implementing and managing the strategic direction of an existing organization while a business plan is used to initially

A strategic plan is primarily used for implementing and managing the strategic direction of an existing organization while a business plan is used to initially start a business. What are your business strategic plan for 5 to 10 years in

future?

Present your Strategic Plan based on the Business Plan you have performed.

make your Strategic Plan.Your Strategic Plan should be in summary between six to ten pages.

- Your Strategic Plan should cover the following4 key elements:

Operational strategies

Operationaltactics and resource allocation

Measurements

Funding streams including profit and loss management

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Here is a summary of a strategic plan for a business based on the provided business plan Strategic Plan 610 pages Introduction 1 page Brief overview o... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

A strategic plan is primarily used for implementing and managing thestrategic direction of an existing organization while a business plan is used to initially start a business. What are your business...

Question: What as the average weekly safety inventory level of refined sugar from the beginning January 2022 to the end of July 2022? A. 512,465.9691 metric tons per week B. 316,002.1474 metric tons...

Consider the following information: Rate of Return if State Occurs State of Economy Boom :57 Bust of Economy .66 .34 Probability of State Stock A .09 .13 Stock B Stock C .03 .19 .24 -.04 a. What is...

IMES Stragic plan Assignment * ers/kaurhDownloads/IMES%20Strategic%20plan%20Assignment.pdf Mail - Harmanjeet G Google $ New Tab IMES Stratogic Plan Assignment A strategic plan is primarily used for...

A strategic plan is primarily used for implementing and managing the strategic direction of an existing organization while a business plan is used to initially start a business. What are your...

A strategic plan is primarily used for implementing and managing the strategic direction of an existing organization (IBM) while a business plan is used to initially start a business. What is your...

A strategic plan is primarily used for implementing and managing thestrategic direction of an existing organization while a business plan is used to initially start a business. What is your business...

A strategic plan is primarily used for implementing and managing thestrategic direction of an existing organization while a business plan is used to initially start a business.What are...

# WHAT IS THE PROBLEM OF THIS LITERATURE REVIEW STATEMENT? (Read the text below before you answer this question) ) REPS 3,2 22 RQ. To what extent does SHRM contribute to the retention of employees in...

With reference to precision in an NC positioning system, what is control resolution?

11. 12. A U.S. multinational corporation is considering a new project in the UK. The project requires an initial investment or outlay of 865 million. The project is expected to have cash inflow of...

which of the following would the auditor not be testing for by examining lease agreements. auditors test effectiveness of controls to ensure they can justify their planned levels of _ _ risk.

The masses of the two blocks A and B shown are 60 kg and 20 kg respectively. The inclined plane is smooth. If the system is released from rest, determine after 5 seconds: - The acceleration of the...

You have joined Adivesh Solar Enterprises as Manager HR. Your role is to guide employees in Goal writing. Using the concept of SMART Goals, provide illustrations of SMART goals: a). 2 goals for...

What effect will the following adjusting journal entry have on the accounting records? Depreciation expense debit 2,150. Accumulated depreciation credit 2150 A. Decrease net book value B. Decrease...

Name: Page of HW: 5-4-05 Find the shear (V) and normal (N) forces under the dam due to the water pressure and the weight of the dam. Also find the location d of the normal force. Consider a 1 section...

Name: BC: 5-4-1-03 The sealed walled is 18h wide (into the paper) and is used to temporarily support the water. Find the resultant force normal to the surface. 7 = 62.4b/n 15 Answer(s): 24in

Determine if the overhead allocated to the product relates to a single plantwide overhead rate method, multiple production department factory overhead rate method, or activity-based costing...

=+what is the approximate value of b, the probability of a Type II error, when m 5 .04?

=+c. What is the approximate power of the test when m 5 .04 and a 5 .05?

=+b. Using s 5 0.0125, a 5 .05, and Appendix Table 5,