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- 1. In a paragraph, formulate an analysis about the big lie in strategic planning by Roger L. Martin. 3. What is the big lie in “The big lie in strategic planning” by Roger L. Martin. 3. What is the importance of strategic planning in an enterprise.1. Explain the suitability of scenario planning in a highly volatile and turbulent business environment. 2. Explain THREE corporate-level strategies of a organization to decide the future direction of the businessWhat are the two types of business plans? In what situation(s) would you use each type of plan?
- Getting the feel of creating a business plan Textbook Problem 2.2 Please answer the following mock questions for a Fine Dining Steakhouse and Bar restaurant located in a large city: ANSWERS MUST BE CREATED AND MADE UP NO INCORRECT ANSWERS! MUST BE DETAILED RESPONSES 1. Company goals Specify your long- and short-term goals as well as any milestones or benchmarks you will use to measure your progress. For instance, if one of your goals is to open a second location, milestones might include reaching a specific sales volume or signing contracts with a certain number of clients in the new market. 2. Target market Here, briefly explain who your target customers are. 3. Industry Describe your industry and what makes your business competitive: Is the industry growing, mature or stable? What is the industry outlook long-term and short-term? How will your business take advantage of projected industry changes and trends? What might happen to your competitors and how will your business…As a healthcare manager, how can I use the strategic planning information Providing 1 example? With leadership and Care as my specific skills or competencies, how do the two enhance or reveal areas for improvement? and How does it apply to your organization?Assuming that you own a computer shop, you have a good plan in your mind that you want to implement that can benefits your business. How can your plan/strategy convert into action? Can you explain the step-by-step process?