Business Strategic Processes

Business Strategic Processes

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Learning outcomes Describe and explain strategic and short-term planning processes and their importance in management. Identify and discuss various types of financial accounting and control methods. Assignment Instructions This assignment comprises an individual written report. the report should include: A brief description – maximum 1 page each Identification of the three strongest components of each plan (and why) Identification of the three weakest components of each plan (and why) Suggestions on how the business plans could have been improved List of challenges faced and how you overcame them A statement of five lessons you have learnt about business planning. Indicate the competencies you believe you may have demonstrated and to what extent. Anticipated length – 10-15 pages Marking criteria Item Mark 3 strong points & justification 3 3 weak points & justification 3 Demonstrated competencies 4 Analysis 4 Recommendations 3 Challenges & Lessons learnt 3