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Research an article in which a business makes an important strategic decision. Examples could include the release of a new product, purchasing another company, or marketing to a new group of customers.
Summarize the article that you found.
Identify which factors of the external environment influenced the company's decision. Pay close attention to customers, suppliers, competition, technology, socioeconomic trends, legislation, and economic trends.
Explain how you believe these factors impacted the decision.
Give your opinion on if you believe this was a good choice by the company.
Then most importantly identify the major mission and vision of the company, the goals and objectives, and state whether it is in line with the needs of the major stakeholders involved (e.g., the customers, the employees, and such).
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Discuss some of the key elements of Fiedler's contingency model. Share a personal or professional experience that relates to one of these.
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