strategic mangement

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Business Finance

Description

Please respond to the following: •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.

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Explanation & Answer

Attached.

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Running head: STRATEGIC PLAN

Steps in Strategic Planning
Institution:
Date:

STRATEGIC PLAN

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Any company needs to have strategic plans. These are plans which define what the firm
wants to achieve for a specified period. As a result, there are steps which one ought to follow in
developing a strategic plan for a company. This study explores these steps in details as well as
identifying the most difficult one and the SBA support.
The first step in developing strategic plans is to prepare. Be...


Anonymous
Really useful study material!

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