Strategic management
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1. Define strategic management and planning.
2. Explain why a strategic plan would be important to the success of the business listed below.
3. Explain the four functions of management relative to creating and implementing a strategic plan.
Proposed business idea:
is a at "home pet services" business. The business would entail at home animal care such as dog walking, cleaning dog dodo in yard, cleaning kitty litter, feeding, brushing, washing, pet sitting, house sitting, ect. There is a need for this type of service in the area I live in which is why I came up with the idea. I would compare this service to a dog walker but beyond. I would service all animals and would only hire people who had experience with all types of animals. The target market would be suburban areas where people have to travel a little to get to work and they need someone there to take care of their animals because they might not have the time too. My mission and vision service will include the love for animals and trustworthiness the customer can expect.
I would like to offer a weekly service all the way to vacation. The weekly service would be a 1 to 2 hour visit to the home where the customer has the option of the employee walking or playing with pet, feeding, bathing, cleaning up after animal, ect. People who go on vacation do not like to leave their pets at home alone and kennels can get expensive. So why not have someone who can stay at your home with your animals. Not only would your animals be taken care or but this also offers some home security while you are gone.
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Strategic management and planning
1. Define strategic management and planning.
Strategic management is the process of forming, execution and evaluating decisions that help the organization to achieve its long term goals. Strategic management and planning can be used to set up the strategic goals, objectives, the mission, the vision and the goals of a business. In addition, it helps set up responsibilities and ensures that the employees and key personnel work towards the common goals of the organization. Strategic planning is a properly directed effort to produce basic decisions and actions that shape and guide the organization. Strategic planning helps develop the broad goals, set priorities and assign responsibilities.
2. Explain why a strategic plan would be important to the success of the business listed below.
A strategic plan would be important to the success of the business of "home pet services". The reason for this is that strategic planning would enable the business to set its vision, mission and goals. From this specific objective can be derived. For instance, strategic planning would enable "home pet ...
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