{"id":91742,"date":"2022-02-10T10:14:53","date_gmt":"2022-02-10T10:14:53","guid":{"rendered":"https:\/\/academicwritersbay.com\/answers\/develop-and-implement-strategic-plan\/"},"modified":"2022-02-10T10:14:53","modified_gmt":"2022-02-10T10:14:53","slug":"develop-and-implement-strategic-plan","status":"publish","type":"post","link":"https:\/\/academicwritersbay.com\/answers\/develop-and-implement-strategic-plan\/","title":{"rendered":"Develop and Implement Strategic Plan"},"content":{"rendered":"<p>BSBMGT616 : Develop and Implement Strategic Plan \u2013 Management Assignment<br \/>\nQuestions :<br \/>\nAn organisation\u2019s strategic plan is impacted by legislation, regulations and codes of practice. List 5 examples of legislation that need to be considered when developing a strategic plan. B) Select 3 from the legislation list and explain a key aspect or effect of each.<br \/>\n1.A) List 3 risks relevant to strategic planning other than intellectual property rights and responsibilities.<br \/>\nB) Describe a risk management strategy to address strategic planning risks.<br \/>\nC) Briefly explain the risk, business responsibility and a risk management strategy available when dealing with intellectual property rights and responsibilities.<br \/>\n2.Two common methodologies used in strategic planning are PEST and SWOT. Briefly explain the different focus of each analytical method :\u2022 political, economic, social and technological (PEST)\u2022 strengths, weaknesses, opportunities and threats (SWOT)<br \/>\n3.Information on the organisation\u2019s market, competitors, customer base, vision, values and capabilities may be gathered from internal and external sources. List 3 internal information sources and 3 external information sources.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BSBMGT616 : Develop and Implement Strategic Plan \u2013 Management Assignment Questions : An organisation\u2019s strategic plan is impacted by legislation, regulations and codes of practice.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-91742","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts\/91742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/comments?post=91742"}],"version-history":[{"count":0,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts\/91742\/revisions"}],"wp:attachment":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/media?parent=91742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/categories?post=91742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/tags?post=91742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}