The purpose of strategic planning is to find ways in which an organization can best use its strengths to take advantage of opportunities within the environment.

The purpose of strategic planning is to find ways in which an organization can best use its strengths to take advantage of opportunities within the environment.

In the past, Wal-Mart mission statement was, “We deliver low prices, every day.” Currently, Wal-Mart’s corporate mission is “to save people money so they can live better.”

 

  • Using the knowledge from strategic formulation and unit’s reading, provide a possible reason for review of Wal-Mart’s mission statement.

 

3. Take a moment and reflect on the topics introduced in this Unit.

 

  • Formulate at least one question that arose while you were reading the material and completing the assignments.
  • Was there anything in this Unit that surprised you or caught your attention? Explain.

For assistance with reflective writing, readHow to Write a Reflective Paper.

 

 

The Portfolio Assignment entry should be a minimum of 500 words and not more than 750 words. Use APA citations and references if you use ideas from the readings or other sources.

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Former President Suharto of Indonesian once famously dismissed the concern over his country’s corruption by saying:

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