Assignment: Project Strategic Management
As a team, you are required to create a Strategic Plan for a mutually agreed-upon, proposed business venture. This exercise will require you to demonstrate your understanding of strategic management concepts and theories by articulating thorough and well-thought-out responses to the specific questions.
Strategic Plan Group Project Questions
o Develop action plan to support the strategic plan. For example, determine what needs to be done first, second, etc., and who is responsible for doing what, within a specified timetable.
o Develop an operating budget to fund the strategic plan. Indicate the resources required and their cost.
o Indicate how the plan will be monitored and evaluated.
o Determine how the plan will be communicated to internal and external parties.
Format your assignment according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.