Final Strategic Plan and Presentation

803 WordsApr 28, 20104 Pages
Final Strategic Plan and Presentation Candles and Relaxation Ani Bagumyan University of Phoenix BUS/475 - INTEGRATED BUSINESS TOPICS BSAH0O7CT7 April 19, 2010 LAURA POGUE Business/475-Intergrated business topics have taught me very important skills that should be used in every business. The knowledge I have gained has let me understand how these strategies are used. The business I have selected will be explained and how important they are.…show more content…
3. All the Candles that are made are organic, and respond to the environments safety. The candle makers are also eco-friendly and their products respond to the safety of the world. 4. Employees that are promoted diversely to avoid discrimination to the full extent of culture, ethnic background, gender and religion. SWOTT analysis has played a big role in the plan of Candles and Relaxation. SWOTT analysis helps to improve, and set a plan that helps the company to improve, and be ahead of the competition. SWOTT stands for, strengths, weakness, opportunity, threats and trends. Defining, and setting goals for each step is important for one step missing will affect the entire analysis. There are special planners that help in aligning the analysis, and setting goals for the company. The goals of the company are based on the affordability of the company. A goal cannot be med it there is not enough money for that goal. A company must have a vision and mission statement. These statements guide the company and direct it towards success. The vision and mission statement also help the company to stay in touch with their employees, and customers. The SWOTT analysis will help the company to have a clean analysis that will help in the coming business years. Strategic planning, tactical, practical actions and control mechanisms are developed for the long term vision and mission statement.
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