Implementing and managing the strategic direction

Assignment Help Business Management
Reference no: EM133189154

A strategic plan is primarily used for implementing and managing the strategic direction of an existing organization while a business plan is used to initially start a business. What is your business strategic plan for 5 to 10 years in future? Present your Strategic Plan based on the Business Plan you have performed.

Your Strategic Plan should cover the following 4 key elements:

  • Operational strategies
  • Operational tactics and resource allocation
  • Measurements
  • Funding streams including profit and loss management

Reference no: EM133189154

Questions Cloud

Developing new skills and preparing employees : Which type of training might be a better option when the goal is developing new skills and preparing employees for future positions, challenges, or responsibili
Address the concerns of transportation engineers : If you were State Farm, how would you address the concerns of transportation engineers?
What is the share of t in the distribution of the cash : As of December 31, 2021, the books of Ton Partnership showed capital balances of: T, P40,000; O, What is the share of T in the distribution of the cash
Define corporate governance : Define corporate governance and explain why it is used to monitor and control top-level managers' decisions.
Implementing and managing the strategic direction : A strategic plan is primarily used for implementing and managing the strategic direction of an existing organization while a business plan is used to initially
Evaluate the ethical and sustainability issues : Your job is to design a completely new supermarket or chain of supermarkets and answer following questions:
Categories of the international business environment : The textbook mentions 4 major categories of the international business environment.
Calculate the rate of markup on selling price : She purchases the toothpaste at $0.50 per box, has operating expenses of 30% on cost, Calculate the Rate of markup on selling price
Bsbstr501 establish innovative work environments : Support collaboration between different individuals and groups who can develop new and creative ideas that contribute to improved work outcomes.

Reviews

Write a Review

Business Management Questions & Answers

  Origins of the various aspects of your personal value chain

Write a page essay paper making a compelling argument on how the application of the value chain in management of your life can create and increase your value

  Explain strategy formulation-vision

Explain strategy formulation-vision, mission, objectives, values, philosophies and strategies levels

  Information on daily sales report

How would you recommend the information on daily sales report, daily call reports, productivity report, pipeline, and sales forecast to be presented to management?

  Does job characteristics effect job performance

Does Job characteristics effect Job Performance? Explain in detail

  How many hours did the average laborer work that month

How many hours did the average laborer work that month?  - how many hours would the average laborer work that month?

  Global demand for diamonds

There is a large increase in the global demand for diamonds, of which South Africa is the biggest producer. At the same time, the central bank of South Africa cuts the interest rate. Explain (with appropriate diagrams) the effects of the above eve..

  Number of direct competitors

A business could have dozens or hundreds of competitors. With this in mind, how does a manager or business owner go about creating a competitor response profile

  Provide example of information relevant to lodges business

For each of the given scales of measurement, provide one example of information that might be relevant to the lodge's business.

  Find the probability that the project will be completed

Find the probability that the project will be completed after week 55 (Probability of Delay).

  What are the implications for companies

Does it pay to be socially responsible? Explain why or why not. What are the implications for companies?

  Inventory to meet customer demand

One problem that businesses encounter when they do not adequately forecast sales, is not providing enough inventory to meet the customer's demand.

  Elements of social responsibility

Outline the strategic steps you would take to remedy the concerns emanating from the company's board of directors, consumers, employees, and business partners; governments; and the media. What elements of social responsibility would you draw from ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd