Why is strategy important to business


Discussion:

Complete a short response on the below question:

? Why is strategy important to business?

? You will want to address the main components of the (three-tier process) of the strategic management process while discussing the importance of strategy for business.

Project Checklist:

? Explain the concept of the strategic management (three-tier) process.

? Discuss the importance of having a future oriented plan.

? Discuss the organization's vision, mission, purpose, philosophy or goal.

? Discuss the strategic process as input for future decision making.

Format:

Your project should be double-spaced, citations should use APA style, and it should be 3 written pages in length, not including the formal title page and references page.

Requirements:

Cover page, "Discussion"(3 COMPLETE pp.), and Reference page=5 COMPLETE pages.(Nothing less then 5 pages!).

Content is accurate and complete: Explain the concept of the strategic managment (three-tier) process.

Discuss the importance of having a future oriented plan.

Discuss the organization's vision, mission, purpose, philosophy, or goals.

Discuss the strategic process as input for future decision making.

Analysis and critical thinking: address the main components of the strategic managment (three-tier) process.

Discuss the importance of strategy for business.

Responses should demonstrate critical thinking and analysis and exhibit application of information.

Clear business writing: Spelling and grammar are acceptable. Effective use of APA. Follow the required format and instructions above!

3 sources in APA citation(Nothing less then 3, and it's not necessary for more)

Font size: 12

Double-spaced

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