Differentiate the following set of concepts Strategic Plan and Tactical Plan Vision and Goal Strengths, Weaknesses, Opportunities and Threats
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Differentiate the following set of concepts
- Strategic Plan and Tactical Plan
- Vision and Goal
- Strengths, Weaknesses, Opportunities and Threats
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- Differentiate and explain the following concepts: Strategic Plan and Tactical Plan Vision and Goal Strengths, Weaknesses, Opportunities and ThreatsList 10 reasons why objectives are essential for organizational success.What is a strategic business unit (SBU)? how doesstrategic planning differ at the corporate and the SBUlevels?
- Distinguish between strategic planning andtactical planning.Construct a SWOT analysis for a new healthy juice product. Ensure to clearly list out the various strenthgths, weaknesses, opportunities and threats as it relates to launching a new healthy juice.Explain the elements of strategic thinking (at least 4 elements) and their importance in a business decision and management to ensure effective organizations to sustain their performance and survive for long term.