COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES

Week No: __, Period: Prelim x / Midterm / Final,

Trimester: 1st / 2nd / 3rd, AY 2021-2022
HWAC 1

COURSE CODE BSIB 531 FA COURSE TITLE GLOBAL BUSINESS PLANNING AND ANALYSIS
SECTION FA TIME 12:00 – 1:00 DAYS THD ROOM 319
PM
STUDENT NAME ID NO.
TEACHER’S NAME Mr. HUSAM HUBAIL DATE

HWAC 1
TOPIC

ESSAY – Module 4
ACTIVITY TITLE
ACTIVITY
DIRECTION &
REQUIREMENT/
Q: Define the meaning of Business plan? What are the differences
S between Domestic plan & International Plan

ACTIVITY
OUTPUT
A business plan is a written document that explains how a company—usually a
startup—defines its objectives and plans to achieve them. A business plan sets
forth a documented path for the company from a marketing, financial, and
operational perspective.

1
 COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES
Week No: __, Period: Prelim x / Midterm / Final,
Trimester: 1st / 2nd / 3rd, AY 2021-2022
HWAC 1

COURSE CODE BSIB 531 FA COURSE TITLE GLOBAL BUSINESS PLANNING AND ANALYSIS
SECTION FA TIME 12:00 – 1:00 DAYS THD ROOM 319
PM
STUDENT NAME ID NO.
TEACHER’S NAME Mr. HUSAM HUBAIL DATE

Business plans are essential papers that are used to entice investors before a
business has a track record. They're also a fantastic method for companies to stay
on track in the future.

A business strategy is essential for every firm, but it's critical for new companies.
The plan should be reviewed and revised regularly to determine whether
objectives have been reached or if they have changed and developed. A new
business plan is sometimes written for an existing company that has chosen to
take a different path.

A business plan is a necessary document for every new company to have before it
can begin operations. Writing a solid business plan is frequently required for
banks and venture capital companies before contemplating giving money to new
enterprises.

It is seldom a brilliant idea to operate without a business strategy. Very few

businesses can survive for long without one. There are many more advantages to
developing and adhering to a solid business plan, such as the ability to think
through ideas without investing too much money and, eventually, losing money.

Each move a firm takes should be outlined in a solid business plan, including all
anticipated expenses and potential hazards. Even among rivals in the same sector,
business strategies are seldom similar. However, they all contain the same
fundamental components, such as an executive summary and a comprehensive
explanation of the company, its services, and its goods. It also explains how the
company plans to accomplish its objectives.

At the very least, the strategy should outline the sector in which the company will
operate and how it will set itself apart from prospective rivals.

Elements of a Business Plan

The length of a business plan varies significantly from one company to the next.
A 15- to the 20-page paper should include all of the material. If essential parts of
the business plan take up a lot of space, such as patent applications, they should

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 COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES
Week No: __, Period: Prelim x / Midterm / Final,
Trimester: 1st / 2nd / 3rd, AY 2021-2022
HWAC 1

COURSE CODE BSIB 531 FA COURSE TITLE GLOBAL BUSINESS PLANNING AND ANALYSIS
SECTION FA TIME 12:00 – 1:00 DAYS THD ROOM 319
PM
STUDENT NAME ID NO.
TEACHER’S NAME Mr. HUSAM HUBAIL DATE

be included in the main goal and included as appendices.

As previously said, no two company strategies are identical. However, they all
contain the same components. The following are some of the most frequent and
essential elements of a business strategy.

The goal statement and any information about the company's leadership,
personnel, activities, and location are included in the executive summary.

Items and services: This section allows the business to describe the products and
services it will provide, price, product lifetime, and customer advantages. We
may include production and manufacturing methods and any patents or
proprietary technologies the business owns in this section. We may place any
research and development (R&D) information here.

Market analysis: A company must have a thorough understanding of its industry

and its target market. It will describe the competitors, including who they are,
how they fit into the industry, and their strengths and shortcomings. It will also
explain the anticipated customer demand for the products that the company sells
and how simple or difficult it will be to take market share from competitors.

Marketing strategy: This section explains how the business plans to acquire and
retain customers and how it intends to reach out to them. This necessitates the
creation of a defined distribution route. It will also include advertising and
marketing campaign strategies and the kinds of media via which we will carry
out such efforts.

Financial planning: The firm should incorporate its financial planning and

future forecasts to entice the party to read the business plan. For already-
established companies, we may provide financial statements, balance sheets, and
other financial data. Instead, new companies will contain goals and projections
for the first several years of operation and any prospective investors.

Budget: Every excellent business should have a budget in place. This covers

expenditures such as personnel, development, manufacturing, marketing, and any

3
 COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES
Week No: __, Period: Prelim x / Midterm / Final,
Trimester: 1st / 2nd / 3rd, AY 2021-2022
HWAC 1

COURSE CODE BSIB 531 FA COURSE TITLE GLOBAL BUSINESS PLANNING AND ANALYSIS
SECTION FA TIME 12:00 – 1:00 DAYS THD ROOM 319
PM
STUDENT NAME ID NO.
TEACHER’S NAME Mr. HUSAM HUBAIL DATE

other business-related expenses.

Difference Between International & Domestic Business Strategic Planning

Business strategic planning is often a long-term strategy to grow and improve a

company's profitability, product development, and market share. In a capitalist
system, these are the objectives of all businesses. Domestic investment and
marketing, on the other hand, are quite different from going worldwide.

The concept of adaptation may describe the significant kinds of distinctions

between domestic and international investment and trade plans. In general,
developing-world labor is less productive than developed-world labor, and
infrastructure is often lacking. We must consider these crucial factors in any
long-term strategy. The aim of employing a cadre of local experts to help the
company integrate into the local economy is often mentioned in strategy plans for
multinational companies. Global investment may backfire if it is not integrated.

The variety of potential markets and investments is the primary characteristic

distinguishing strategic plans in the international and local economies. Adapting
to various currencies, laws, and political difficulties in different states are the
major issues. In the industrialized world, these are not problems with local
investment.

If the company is based in the United States, marketing tactics may be relatively
straightforward. In most cases, there is a single media outlet and a single
consumer culture. On the other hand, global marketing is very different since
goods are often changed to avoid upsetting local opinion, and local laws may
vary significantly from those in the United States.

If an American oil company wants to invest in Libya, it must adjust to an opaque

dictatorial government. This implies that any strategic plan based on this
hypothetical economy must first understand the ins and outs of Libyan politics
and the country's military bureaucracy before considering the local investment.
As a result, international corporate long-term planning becomes very political.

4
 COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES
Week No: __, Period: Prelim x / Midterm / Final,
Trimester: 1st / 2nd / 3rd, AY 2021-2022
HWAC 1

COURSE CODE BSIB 531 FA COURSE TITLE GLOBAL BUSINESS PLANNING AND ANALYSIS
SECTION FA TIME 12:00 – 1:00 DAYS THD ROOM 319
PM
STUDENT NAME ID NO.
TEACHER’S NAME Mr. HUSAM HUBAIL DATE

Eventually, An multinational business does not have any foreign direct

investment and produces all of its products in its native country. Its activities
outside of its boundaries are mostly restricted to the import and export of
commodities. A global corporation may make direct investments in other
countries, although this is typically limited to a few sectors. Instead of being
homogenized, products are tailored to local tastes, restricting the potential to
achieve economies of scale. Transnational corporations are a step beyond the
global company. A multinational corporation invests directly in dozens of nations
and decentralizes decision-making to its numerous local subsidiaries.

5
 COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES
Week No: __, Period: Prelim x / Midterm / Final,
Trimester: 1st / 2nd / 3rd, AY 2021-2022
HWAC 1

COURSE CODE BSIB 531 FA COURSE TITLE GLOBAL BUSINESS PLANNING AND ANALYSIS
SECTION FA TIME 12:00 – 1:00 DAYS THD ROOM 319
PM
STUDENT NAME ID NO.
TEACHER’S NAME Mr. HUSAM HUBAIL DATE

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