Please read the following article to be able to answer the following question:

articleLink: https://www.bdc.ca/en/articles-tools/business-strategy-planning/define-strategy/business-plan-vs-strategic-plan-whats-difference

Read the article What is the difference between a business plan and a strategic plan? then complete the following:

2. Find and record a definition for the word "strategy". (3 marks)
4. How does the article describe a business plan - include at least five points in your description. (5 marks)
6. How does the article describe a strategic plan - include at least five points in your description. (5 marks)
8. Explain why both are necessary for success. (2 marks)
10. 
    

Answer rating: 100% (QA)

Definition of strategy Strategy refers to a plan of action designed to achieve a specific goal or set of objectives It involves making choices about w... View the full answer