Using these points as a guideline, select any three benefits that would be relevant for this scenario to

research, and illustrate why a strategic plan is important in this instance. Use an example to highlight

your point of view.

$$Provides a thorough analysis of the requirements for doing business for different types of

retailers$$;

$$Outlines retailer goals$$;

$$Allows retailers to determine how to differentiate themselves from competitors$$;

$$Enables firms to develop an offering that appeals to a particular group of customers$$;

$$Creates an opportunity to study the legal, economic, and competitive environment$$;

$$Allows the firm$$s total efforts to be co$-$ordinated$$; and

$$Enables crises to be anticipated and avoided$.$