Question

Explain why Strategic planning for food service institutions are affect by following conditions :

1.      Forecasts of the future

2.      Resources available

Answer 1

Ans: Strategic planning builds a vision for the future of the organization and also highlights the basic steps needed to achieve that future. A good strategi plan must take future forecast, timelines, available resources and budget into consideration.

At first, a philosophy is formulated that describes the values, beliefs, and attitudes of the organization. Goals are usually general statements that the project is to be accomplished in the future.

Resources availability is the basic requirement for any company to function. A company that is well equipped with resources saves time, money, and effort.