Reference no: EM133516816 , Length: word count:1000

Strategic Management

Assessment - Supplementary: to be read with the Case Study provided

Learning Outcome 1: Critically examine how strategic management and core competencies can build and sustain competitive advantage in different organisational contexts

Learning Outcome 2: Critically evaluate different strategy formulation processes utilized by organisations and evaluate their relevance to particular organisational contexts

Learning Outcome 3: Develop and plan the implementation of a selected strategy for different organisational levels including for change management processes

Learning Outcome 4: Consider the external environment of an organisation and analyse capabilities that can enhance potential market opportunities and manage risk.

Assessment Task

This is an individual assessment. You are required to produce a response to questions on the following themes:
• Building and sustaining competitive advantage
• Evaluating different strategy formulation processes
• Developing and planning the implementation of a strategy
• Analysing capabilities that can enhance potential market opportunities and manage risk Please refer to the following Case Study to illustrate your response.

Instruction
Demonstrate your understanding of the four themes by answering each of the questions. Draw from the modules, class slides, reading and research to demonstrate your understanding of the theory and practice of Strategic Management. Use the provided Case Study to help illustrate your response to each of the questions. Your 1,000-word submission must be structured as follows:

• Building and sustaining competitive advantage (250 words)
How would you go about building and sustaining competitive advantage in a company?

• Evaluating different strategy formulation processes (250 words)
What have you discovered about identification and evaluation of different strategy formulation processes?

• Developing and planning the implementation of a strategy (250 words)
How would you demonstrate to the CEO your understanding of the theory and practice of strategy implementation?

• Analysing capabilities that can enhance market opportunities and manage risk (250 words) What are some of the techniques for analysing capabilities and how could you use them to enhance market opportunities and manage risk?

• References - Please ensure you use the correct APA 7th referencing style

Referencing
It is essential that you use appropriate APA style for citing.