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What is strategic management and planning DQs

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DQ #1: Select a small business that you may want to start. What is strategic management and planning? Why would a strategic plan be important to the success of this business? How are the four functions of management relative to creating and implementing a strategic plan?

DQ #2: What is the difference between mission and vision statements? What factors must be considered to produce an appropriate mission and vision statement for an organization?

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DQ #1: Select a small business that you may want to start. What is strategic management and planning? Why would a strategic plan be important to the success of this business? How are the four functions of management relative to creating and implementing a strategic plan?

DQ #2: What is the difference between mission and vision statements? What factors must be considered to produce an appropriate mission and vision statement for an organization?

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