Define business plan. business plan synonyms, business plan pronunciation, business plan translation, English dictionary definition of business plan. n a detailed plan setting out the objectives of a business, the strategy and tactics planned to achieve
Definition of a Business Plan. Some parts of the business plan need to be done first: the operations, sales, marketing, financial, and human resources sections must be done before other elements, such as succession or exit planning. The plan is a summary of operations and financials; it cont...
It is a family business whose decisions are mainly taken by three brothers who hold the top leading positions. In recent years, middle management felt confused about the right direction when deciding about product portfolio, price strategy and store image. The managers did not perceived coherent ...
Learn about the strategic planning process in business, what it is and what it is not. Discover examples of goals, strategies, and tactics in a...
The two terms are as synergistically related as "strategy" and "tactics" – two words that are either spelled out in your marketing plan or underscore important sections. A strategy explains what you wish to achieve and a tactic explains how you're going to achieve it. ...
strategy (ˈstrætɪdʒɪ) n,pl-gies 1.(Military) the art or science of the planning and conduct of a war; generalship 2.a particular long-term plan for success, esp in business or politics. Comparetactics2 3.a plan or stratagem ...
Business Strategy Definition: Business strategy can be understood as the course of action or set of decisions which assist the entrepreneurs in achieving specific business objectives. It is nothing but amaster plan that the management of a company implements to secure a competitive position in the ...
Almost all countries require specific documentation and have regulations that must be met to ensure the safety, quality, and conformity of imported products. These requirements drive the work ofproduct managementand manufacturing departments, which are influenced by the business strategy. Cost consideration...
intransitive verb : to devise a strategy or course of action Synonyms arrange blueprint budget calculate chart choreograph design frame lay out map (out) organize plan prepare project scheme (out) shape See all Synonyms & Antonyms in Thesaurus Examples of strategize in a Sentence The ...
Decreasing your business debt can be both a short-term and a long-term strategy to increase the profitability of your business. Having too much debt can negatively impact an investor’s view of your business – paying down your debt at the earliest convenience will show the lender that you ...