Posted: May 1st, 2025

discussion response 3

please respond to the following disucssion post as a peer making a comment. The field-tested strategy is a composed record portraying a business’ extension, objectives, and goals and how it intends to make it a reality. It gives the bearing of making the business a triumph and meeting every one of the set targets thus endeavoring a reality and a triumph. The association influences the marketable strategy by driving how the marketable strategy ought to emerge. Because it is the person who came up with the idea, a picture of the company is necessary for the business plan to be written well. As a result, it will assess the capacity, available resources, and other factors to determine the content of the business plan. It also determines the type of business plan because, for example, if the company wants to attract investors, it will update the plan to demonstrate its value. If it’s a startup, the strategy will likewise be unique.