Question: New Shoes Simulation Strategic Plan Before you start making decisions in New Shoes, it is important to develop a strategic plan. Step $1$: Start by writing the following items.New Shoes SimulationStrategic PlanBefore you start making decisions in New Shoes, it is important to develop a strategic plan.Step $1$: Start by writing the following items.mission statement $($why you exist, what you currently do and for what markets$)$b$)$ vision statement $($what you want your company to become by round $10,$ what distinguishes you from the other teams$($culture$),$ and how you will get there $($approach$/$attitude$).$ Should help you plan and inspire the team. $2-4$ compelling and engaging sentences.Step $2$: Then identify measurable goals that your company should achieve to support your mission.Examples are specific profit or return on sales in a period, a market share objective, or developing a version by a specific period.Step $3$: Finally, plan the strategy you will use to meet those goals. Your strategy should spell out plans to enter markets, marketing mix for each market, and product development budgets