Compared to a profit-making company, is it more difficult or less difficult for a government entity to develop a strategic plan or mission statement? Explain your answer?

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Explanation:

I wouldn’t say one is more difficult than the other but they have certain subtle differences. One significant place they differ is strategic planning because the way they use their planning goals to establish goals is different. Some organizations create their strategic plan yearly and other companies do them every 3-5 years. The boards of directors have different expectations from nonprofits than they do from government businesses. Also, there are different people involved in the government strategic planning process as opposed to the nonprofit planning process. In both organizations the boards of directors has the final say in adopting a strategic plan.

Nabeel answered 1 year ago

For your final project you will develop a strategic marketing plan around company objectives, markets and...

For your final project you will develop a strategic marketing plan around company objectives, markets and the competitive environment. Each week you will develop and submit an outline that will serve as the basis for developing your marketing plan for your product or brand in a target market. In weeks 1-4, develop a summary for each topic of the outline. For your final Marketing Plan due in week 6, you should extend each statement into a formal report. A Marketing...

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Compared to a profit-making company, is it more difficult or less difficult for a government entity to develop a strategic plan or mission statement? Explain your answer?

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For your final project you will develop a strategic marketing plan around company objectives, markets and...