The corporate governance requirements adhered to In PayPal Holding Inc. are, we must have a review board, which must designate, assess, manage and control the activities of the organization’s evaluating firm. In addition, every money related exposures must agree to the law and reasonably speak to the organization’s condition, We are lucky to have an able, profoundly drew in and free Board of Directors who considers corporate governance very important. This is to ensure that management is responsible to the Board and that the Board is responsible to investors, it protect shareholders rights and treats all investors fairly, it ensure precise revelation on every single material issue, including the money related circumstance, execution, proprietorship and corporate administration. 2.3 Evaluate the classic and contemporary models used in developing business strategies and plans. As discussed previously, strategic management and planning is more or less the foundation of a company performance and progress. In developing strategies and plans, we must put to consideration the long term goals, dissecting the most vital issues that the plans needs to address, prioritizing, organizing and analysing feedback after implementation. There are plethora of classic and contemporary models that are efficient, but every company must choose the model that suits them. For example; in the case of PayPal Holding Inc. these were the models followed in developing our business strategies and plans. Models used in developing business strategies and plans Figure 5 Basic strategic planning model: We identified our purpose, approaches and action plan Issue based strategic planning model: This model involved execution, establishing budget, and carrying out a ‘SWOT Analysis’ (strength, weakness, opportunity, threat) Alignment strategic model: here we adjusted company our mission and resources so that they align Scenario strategic planning model: At this stage we outlined some events that could oc