Final answer:
A strategic plan is developed based on six factors: Achievable and Appropriate, Specific, Measurable, Attainable, Realistic, and Time-bound (SMART). These factors help in setting focused goals and determining the steps needed to achieve them.
Step-by-step explanation:
A plan becomes a strategic plan based on six factors: Achievable and Appropriate, Specific, Measurable, Attainable, Realistic, and Time-bound (SMART). Each of these factors contributes to the development of a strategic plan. Achievable and Appropriate factor refers to the need to identify goals and determine how they can be achieved. Setting specific and measurable goals helps in making the plan more focused. Ensuring that the goals are attainable and realistic is essential for success. Finally, setting a time-bound target provides a deadline for achieving the goals.