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First, it assumes that upper management has prepared both a strategic plan and a tactical plan.
This means that lower management should have a clear sense of what they are trying to achieve.
A business plan is a carefully worded statement of business goals.
Whether written on behalf of an established business or a startup, it includes reasons the goals are attainable, along with plans for achieving them.
The division manager's tactical plan to support the corporate goal has three parts.
What Is Meant By The Term Business Plan
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