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ATARMAxxing · WACE Business Management and Enterprise revision notes

Strategic planning process: mission, environmental scan (PEST, Porter, SWOT), formulation, implementation, evaluation

Management — Strategic management
4 · Global business operations

What this note covers

  1. Purpose and intent of the strategic planning process
  2. Mission and objectives
  3. Environmental scan: PEST analysis
  4. Environmental scan: Porter's Five Forces
  5. Environmental scan: SWOT strategies and strategic formulation
  6. Strategic implementation, evaluation and control
  7. Worked example: the strategic planning process end to end
  8. How this topic is examined and what separates a top response

8 sections · 11 key terms & formulas · 6 common mistakes

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