Question
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
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:
- Find and record a definition for the word "strategy". (3 marks)
- How does the article describe a business plan - include at least five points in your description. (5 marks)
- How does the article describe a strategic plan - include at least five points in your description. (5 marks)
- Explain why both are necessary for success. (2 marks)
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
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...
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Understanding Cross Cultural Management
Authors: Marie Joelle Browaeys, Roger Price
3rd Edition
1292015896, 978-1292015897
