1. MGT/411

2.  Rise in food production  Decrease in mid-year revenue  Negative Impact on over-all budget

3.  Propose fix rate for raw goods o Allows more control over spending o Eliminates unexpected costs spikes  Develop a new line of products o New target audience o Supplemental funding source

4.  Increase Loyalty and Profitability of Consumers  Advertising  Forecasting

5.  Merchandise selection and pricing  Increased efficiency  Reduced cost  Meeting customer expectations

6.  Price increase for whole grain o Drought conditions o Wheat bread now leads white in sales  Demand rise for seafood o Diet conscious o Popularity of sushi

7.  Protect Profit Margins  Budget for the future more effectively  Plan future sales and promotions.

8.  Set and maintain a schedule  Review areas of: success success improvement improvement  Where are we now?  Where do we want to go?

9.  Strategic Planning  Organize  Trends  Control situations

10.  Goldsborough, M (2009, September 3) How to carry out a Strategic Review. Retrieved from http://www.goldsbrough.biz/strategic-review/  Pricing lessons from New England's lobster glut. (2012, August 9). Harvard Business Review. Retrieved from http://blogs.hbr.org/cs/2012/08/pricing_lessons_from_new_engla.html  Schmidt, J. C., & Laycock, M. (2011). Theories of Strategic Planning. Retrieved from http://healthknowledge.org/uk/public-health-textbook/organisation-management/5d-theory- process-strategy-devolopment/strategic-planning