Chapter 8 strategic plan Flashcards

1
Q

strategic business units

A

components of businesses that can stand alone.
ex - Disney if parks don’t do well movies will still bring in money and company will be fine they operate independently

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2
Q

Strategic Planning

A
  1. Identify a problem that can be solved with communication.
  2. Determining objectives
  3. deciding on strategies
  4. implementing tactics
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