Strategic Business Plan
Answer the following questions in 5 pages or more
1) Do you think it is important for an organization to have an organization chart? Why or why not?
2) Design the vision and mission of your own business in the future. Defend your choices with specific examples.
*Strategic Business Plan of Your Own*
What business would you create?
3) Describe and defend the business strategy of your business. Use specific examples.
4) Describe and defend the corporate strategy of your business. Use specific examples.(Corporate strategy is hierarchically highest strategic plan of the organization, which defines the global goals and ways of their achieving within strategic management.Corporate Strategy takes a portfolio approach to strategic decision making by looking across all of a firm’s businesses to determine how to create the most value. In order to develop a corporate strategy, firms must look at how the various business they own fit together, how they impact each other, and how the parent company is structured in order to optimize human capital, processes, and governance. Corporate Strategy builds on top of business strategy, which is concerned with the strategic decision making for an individual business.)
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