Question: 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 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 strategic plan for 3 to 5 years in future?
Your Strategic Plan (3-5 years) should cover the following4 key elements:
Q1: Operational strategies-what is your 3-5-year plan
Q2: Operationaltactics and resource allocation -what is your 3-5-year plan
Q3: Measuring results- what is your 3-5-year plan
Q4: Funding streams- what is your 3-5-year plan
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Q1 Operational Strategies 35 years Expand market presence by entering new geographical regions Devel... View full answer
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