Contents - Tanzania Revenue Authority
Contents - Tanzania Revenue Authority
Contents - Tanzania Revenue Authority
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PART THREE<br />
3.0 DEVELOPING A SUCCESSFUL BUSINESS STRATEGY<br />
3.1 STRATEGY VIS-À-VIS BUSINESS VISION AND MISSION<br />
It is important to match the vision and mission of your<br />
business. This will mean that you have to evolve strategies<br />
that will focus on the mission of the business vision.<br />
3.2 BUSINESS STRATEGIES<br />
In order to succeed in trading or service delivery, one should<br />
ask the following questions:<br />
• What type of goods or services do you want to offer, now<br />
and in future?<br />
• What kind of customers do you intend to serve, now and<br />
in future?<br />
• In which areas (e.g. within <strong>Tanzania</strong>, East Africa, Africa or<br />
Overseas) should you expand your business and why?<br />
• How do you distinguish yourself from your business<br />
competitors, now and in future?<br />
• What competitive strategies do you deploy in order to<br />
thrive and reach your business targets?<br />
• What commitments do you make to the society?<br />
• What benefits are your employees deriving from your<br />
business?<br />
Answer to these questions will determine your customers,<br />
future customers, ways of reaching them, competitive<br />
strategies, financial rewards and the expected contribution of<br />
your business to the socio – economic growth of your<br />
community.<br />
After laying out the strategies, you can now workout yearly<br />
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