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Problem: Strategic Planning & Implementation- Reflection Competency
Evaluate sustainable competitive advantages for an organization through a SWOT analysis.
This reflection activity is comprised of two sections, collectively totaling a minimum of 500 words. Complete your reflections by responding to all prompts.
1) Strategic Management Process
The strategic management process is key to the leadership of a company. Discuss the difference between the strategic management process and the day-to-day management of the organization. Include specific examples to support your response.
2) How a Company's Internal Environment Affects the Development of the Corporate Strategy
Discuss how a company's internal environment might affect the development of the corporate strategy. Include product life cycle, personnel, and organizational structure in your discussion as these components must receive consideration for success of any strategy.
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