Description
Small Business Management – Discussion 2
“Strategic Management”
- Analyze the steps involved in developing a strategic plan for a company and determine which step is the most difficult to get right. Explain your rationale.
- From the e-Activity, determine how you would leverage the support provided by the U.S. Small Business Administration in planning and starting your own business. Provide specific examples to support your response.
- E-Activity: Visit the U.S. Small Business Administration, located at www.sba.gov, and determine what strategic management support is available to small businesses. Be prepared to discuss.
***This is a discussion, NOT a paper. Need 2 strong paragraphs and references. ***
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Explanation & Answer
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The key steps of strategic plan process are environmental analysis, setting the vision, strategy
formulation, strategy implementation, and feedback. The most difficult step to get right is
strategy implementati...
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Neumark, D. (2003). Age discrimination legislation in the United States. Contemporary Economic Policy, 21(3), 297-317.
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Corbin, P. R., & Duvall, J. E. (2014). Employment discrimination. Mercer Law Review, 65(4), 909-927.
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Goldman, D. (28 Apr 2010). Walmart’s bad PR comes at a bad time. CNN Money Report. Retrieved from http://money.cnn.com/2010/04/28/news/companies/walmart/
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Ritenhouse, D. (2013). Where Title VII stops: Exploring subtle race discrimination in the workplace. Depaul Journal for Social Justice, 7(1), 87-116.
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