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As per experts of college assignment help In the strategic plan of new retail business, firstly, mission and vision statement, goals and values will be developed. After that, strategies will be developed to achieve goals and values and specific action plans to implement these strategies will be developed (Allison & Kaye, 2005). Then, communication plan will be made to communicate the information of goals, values and strategies to employees and implement this plan. If the circumstances and conditions change, this plan will be altered or revised.