Discussion 1: What Makes a Good Business Strategy?
Prior to beginning work on this discussion forum, read Five Steps to a Strategic Plan, The Single Strategy You Need to Fuel Business Growth Right Now, and Aligning Brand Portfolio Strategy with Business Strategy. In 150 words or more, what are three or four components of a well-thought-out, achievable, and reasonable business strategy? What mistakes do companies make when developing their strategies? These thoughts should be qualitative and generic - not discussing/ providing specific applications of how you may have gleaned competitive advantage (e.g., describing your business strategy).
Discussion 2: Pre-Tax Net Income: Year Plan vs. Actual + SRO" Chart Discussion
Prior to beginning work on this discussion thread, read How healthy is your business? 6 ways to take its ‘temperature' and Why 70% of companies paid zero in corporate taxes: They had zero profits. Hisco's owner, Stan Sloane, would like to know what you've learned so far in the process of running the company that might benefit other employees/students concerning pre-tax income and its importance. Meet with two other employees/students and share ideas that could help others in a similar employment position as you.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.
Attachment:- Chart.rar