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Strategic Planning

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Miss Smith Niya Brock Business Studies Task 3 In this task I am going to talk about strategic planning. Strategic planning is basically the businesses aims and objectives. Strategic planning is an organization's process of defining its strategy, aims and objectives, direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. Various business analysis techniques can be used in strategic planning, including SWOT analysis. Strategic planning is a process that businesses do to try to drive and improved future results in the business by influencing the outside world or adapting current processes, decisions and programs so as to have more favorable outcomes in the external environment. Strategic Planning Tescos is a UK based international grocery and general merchandising retail chain. Their HQ is located in Cheshunt, England UK. Tescos originally specializing in food, it has diversified into areas such as discount clothes, consumer electronics, consumer financial services. Tescos currently have...

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