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The purpose of this assignment is to help students understand strategic business terminology (vision, mission, goals, objectives, specific objectives, internal and external scanning), to recognize the components of a strategic plan and to be familiar with the core information and steps needed to create a strategic plan. Furthermore, this assignment allows students to recognize the difference between strategic planning and strategic management.
Assignment Steps
Write a 700-word analysis in which you complete the following:
Cite 3 scholarly references, including at least two peer-reviewed references from the University Library.
Format your paper consistent with APA guidelines.
elucidate how well you believe they have employed these three concepts in the strategy for the product or service. For example, if you believe they have focused adequately.
Dinero Bank offers you a five-year loan for $50,000 at an annual interest rate of 7.5 percent. What will your annual loan payment be?
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explain how does this affect the industry's attempt to build positive relationships with its customers? If not, explain how are relationships affected?
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What did you learn from your classmate's posting? What additional questions do you have after reading the posting? What clarification do you need regarding the posting?
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