This is a solution of Business Strategy Assignment Help-2 in which we discuss business Understand the process of strategic planning. .Business Strategy Assignment Help-2 Introduction Key terms Definition Examples Mission Vision Objective Goal Core Competencies Business Strategy Assignment BreakdownCover page (LSBM front page on Moodle)Table of content (headings, -sub headings, page numbers, numbered system) 1.0 Introduction A brief overview of the assignment. Sum up the 4 learning outcomes. 2.0 Task 1- Understand the process of strategic planning( AC1.1, 1.2, 1.3, M1, D1) 2.1 An assessment of how the missions, visions, objectives, goals and core competenciesof a business inform the process of strategic planning (AC1.1) Define And explain key terms. Give examples from different organisations. This can be done in a table format: Define Strategic planning Explain How mission, vision, objectives etc. help to put the strategic plan together. Use examples to evidence. 2.2 An analysis of the factors that have to be considered when formulating strategic plan (AC 1.2) ListAll the factors you must consider when planning e.g. Impact on managers, People dimension of strategic planning, targets, resources, time etc. Positives Negatives Business Strategy Assignment Help-2 Pick 1 factor from your list and state the advantages and disadvantages of this. This can be done in a table format: Sum up key points 2.3 An evaluation of the effectiveness of the techniques which are used when developing strategic plans for a business (AC 1.3) ListThe different techniques than can be used e.g. Boston Matrix, SPACE, Ansoff Matrix etc. Pick 1 technique, define it, explain it and use examples. Sumup by stating why this could be an effective technique to use in Business Strategy Assignment Help-2 strategic planning […]
