How plan benefits organization in overall strategic planning


  1. Develop a strategic plan for your chosen company based on their corporate mission and objectives. Follow the six step plan/process for strategic planning as outlined in the textbook in the chapter titled, "Planning and Strategic Management." Take each step and describe how you will apply it to your chosen organization's situation.
    1. Situational analysis
    2. Alternative goals and plans 
    3. Goal and plan evaluation
    4. Goal and plan selection
    5. Implementation
    6. Monitor and control
  2. Synthesize these steps and explain how your plan will help the organization achieve its goals.
  3. Describe how the plan benefits the organization in its overall strategic planning process.
  4. Create at least one graphical chart which visually illustrates your strategic plan.

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Microeconomics: How plan benefits organization in overall strategic planning
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