To set up a basic strategic plan it is important to properly evaluate both the internal as well as the external environment of the organization. The strategic management process is considered something more than just a set of rules and regulations that is necessary to abide by. Hence, it can be said that, a strategic plan is a kind of philosophical approach taken forth by businesses ("What Is A Strategic Plan? 6 Essential Steps | ClearPoint Strategy", 2019). Usually, it is the upper management of an organization that performs the responsibility of thinking deliberately and then accordingly input the thought into the process. The strategic