Question: Develop a Strategic Business Plan for a New Venture Start-up companies are more important in bringing products and services to market. In response to new
Develop a Strategic Business Plan for a New Venture Start-up companies are more important in bringing products and services to market. In response to new technologies, new and innovative businesses are taking over the markets of those older companies too slow to move with changing customer demands. Following this line of thought, for this task you are an administrative officer at the corporate level of an offshore organization and, you are assigned to develop a Strategic Business Plan for a new venture in a sector of your choice. Develop a Strategic Business Plan for a New Venture Start-up companies are more important in bringing products and services to market. In response to new technologies, new and innovative businesses are taking over the markets of those older companies too slow to move with changing customer demands. Following this line of thought, for this task you are an administrative officer at the corporate level of an offshore organization and, you are assigned to develop a Strategic Business Plan for a new venture in a sector of your choice.
This Strategic Management Process should include the new companys philosophy, mission, objectives, strategies and tactics, and analysis of the firms internal and external environment, and organizational structure and leadership. You should justify your choices in terms of the chosen industry/sector on the grounds of innovation, competitive advantage and, the companys sustained growth and survival. Your budget for this project is $150,000 (US).
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