Importance of developing and adhering to strategic plan


1. Assess the importance of developing and adhering to a strategic plan when a company attempts to expand beyond its domestic business operations. Suggest two (2) best practices that a company should follow when attempting to complete such an expansion. Justify your response.

2. With regard to dealing with the Global Workforce, there are tips to use when using virtual team members for your organization. Determine two (2) reasons why using these tips are important. Provide at least two (2) examples of where these recommendations would be effective for a company that operates internationally.

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Business Management: Importance of developing and adhering to strategic plan
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