BUSINESS STRATEGY TASK 1.

BUSINESS STRATEGY
TASK 1

AC 1.1 Requirement of Business mission, vision,
objectives, goals and core
• The business strategy relates to that long term business plan which
designed to achieve a specific objective. The preparation of
strategy require vision, mission and the specific core which is
clear.
• Vision
 Mission

CONTD....
 Objectives and goals, cores
• Behavioural Objectives
 Community-level outcome objective
 Process Objectives

1.2 Factors that can be considered while
formulating strategic plan
• Strategic plan is something where the manager matches the
market opportunities with its organisation's resources over the
long run.
• Following factors can be considered while preparing and
successfully implementing strategic plans:
• Vision and Mission