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.
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...
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