Strategic Plan, Part I: Conceptualizing a Business

Strategic Plan, Part I: Conceptualizing a Business

Write in which you explain the importance of your selected business’s vision, mission, and values in determining your strategic direction. Include the following:

1- Define your business, products or services, and customers by developing a mission statement. Ensure that you are differentiating your product or service.

2 -Create a vision for this organization that clearly demonstrates your decision on what you want your business to become in the future.

3 -Define your guiding principles or values for your selected business considering the topics of culture, social responsibility, and ethics.

4 -Analyze how the vision, mission, and values guide the organization’s strategic direction.

5 – Evaluate how the organization addresses customer needs and critique how they achieve competitive advantage.

 
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