Business Strategy for Ticky Ticky in the Food Industry

Business Strategy
Organization: Ticky Ticky
Industry: Food industry

Table of content
 Introduction
 Business mission, vision, goals & objectives
 Factors considering when formulating strategic plan
 Effectiveness of techniques
 Conclusion
 References

Introduction
 Whenever a new business get started, managers of a company have to
frame suitable strategies so that better and effective working could be
done.
 Strategic planning is define as a process in which managers determine
current and external environment of business for defining their strategies
properly and take such decisions which enable an association to grow as
well as allocate resources properly so that better and effective working
could be promoted.

Business mission, vision, goals &
objectives
 Ticky Ticky wants to start a coffee shop and for that managers of
a company have to frame several mission, vision, goals and
objectives so that they become able to compete at keen
competitive world properly. Hence, managers of a company
frame several strategic planning for a business which are as
follow:
 Mission: A task or a purpose on which whole association lead to
get work which get done by a group of people with a common
concern.
 Vision: It is define as a scope on which whole association lead to
work in an appropriate and effective manner.
 Goals & Objectives: These are the general targets and aims on
which management employees lead to work.