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Crafting and Executing StrategyAssume that you are a business owner or business professional, in a companyand industry of your choice, responsible for creating and executing thecompany’s strategic plan.Write a four to five (4-5) page paper in which you:Develop an argument supporting the importance of a strategic plan for thesuccess of the defined business.Create a mission statement for the company explaining how the mission willbe essential to the company’s success.Create a vision statement for the company explaining how the visionstatement supports the company’s mission.Establish five (5) key objectives for the company encompassing operational,financial, and human resource aspects of the business and justify why each ofthese objectives is essential to the success of the business.Justify how the five (5) key objectives established support the mission andvision statements of the company as defined in the assignment.Use at least four (4) quality academic resources in this assignment. Note:Wikipedia and other Websites do not qualify as academicresources.Your assignment must follow these formatting requirements:Be typed, double spaced, using Times New Roman font (size 12), with one-inchmargins on all sides; citations and references must follow APA orschool-specific format. Check with your professor for any additionalinstructions.Include a cover page containing the title of the assignment, the student’sname, the professor’s name, the course title, and the date. The cover page andthe reference page are not included in the required assignment pagelength.The specific course learning outcomes associated with this assignmentare:Recommend effective business strategies based on an analysis of domestic andglobal operating environments, market dynamics, and internal capabilities.Use technology and information resources to research issues in strategicmanagement.Write clearly and concisely about strategic management using proper writingmechanics.

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