Develop a Strategic Business Plan in the Real Estate Industry - Management Assignment Help

Assignment Task

Task

1. What is a strategic business plan?
a. a layout of your office
b. a plan of action for how you will achieve the goals you have set for your business
c. both a and c

2. When developing a strategic business plan, you need to decide upon objectives.

What is an objective in terms of a strategic business plan?
a. an unprejudiced approach to business
b. a target that must be aimed for if the business is to achieve its goals

3. When planning for business what is meant by a strategy?
a. is the broad program for achieving the main objectives of a business
b. creates a direction for the business and describes how its resources can best be used in achieving them
c. links human and other resources with the challenges and risks of the business environment
d. all of the above

4. Strategic planning is the process of:
a. selecting all the business’s goals
b. determining the policies and programs needed to achieve the specific objectives to achieve the goals
c. establishing the methods required to ensure the policies and programs are implemented
d. all the above
e. b and c only

5. Strategic planning should consider the ever-changing business world to enable to the business to be successful.
a. true
b. false

6. Questions that can be asked when developing a strategy for your real estate business are: You can choose more than one
a. what is our business and what should it be?
b. who are our customers and who should they be?
c. where are we headed?

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