Assess the importance of developing and adhering to a strategic plan

Dealing with the Global Workforce” Please respond to the following:
From the scenario, assess the importance of developing and adhering to a strategic plan when a company attempts to expand beyond its domestic business operations. Suggest two (2) best practices that a company should follow when attempting to complete such an expansion. Justify your response.
From the “Business Etiquette: Dealing with the Global Workforce” reading in Chapter 3 of the text, determine two (2) reasons why using the identified tips are important when you are using virtual team members for your organization. Provide at least two (2) examples of where these recommendations would be effective for a company that operates internationally.
Journal Entry:
journal Entry 2: Prepare a one to two (1-2) paragraph journal entry that examines your learning experiences with ORION in Week 2 of this course, that addresses the following:
Determine the primary manner in which ORION has increased your business knowledge in the related subject area.
Discuss specific challenges that you may have experienced with any of the subject matter presented, and point out the areas for which you would like more information.
Suggest at least two (2) possible applications of this week’s material to the company that you currently work for or hope to work for in the future.
the scenario is attached

……………………Answer preview……………………….

Before firms decide to start competing on a global scale, they need to have a strategic plan which they must also adhere to it. This is mainly because of the importance of this plan which acts as a blueprint on how it will conduct its activities………………………..

APA

405 words

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