Definition

Strategic business plan

The strategy that a company chooses to follow in order to capture and retain markets and to achieve its mission is described in the strategic business plan, wherein the company identifies and defines its strategic mission and its overall goals.

This plan is also referred to SWOT analysis.

Share it:  Cite

More from this Section

  • Expansion slots
    Expansion slots allow users to add features and capabilities to their computers, such ...
  • Utility programs
    Utility programs refer to those programs that perform routine, repetitive tasks. Utility ...
  • Customer relationship management
    The overall process of building and maintaining profitable customer relationships by delivering ...
  • Antecedent
    Antecedent— the IF part of an IF-THEN rule. If the conditions in the IF part are fully ...
  • File transfer protocol (fip)
    File transfer protocol (fip), which was one of the first tools on the internet, allows ...