Management focuses on firms

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Strategic Management focuses on firms and the different strategies that they use to become and remain successful. Chapter 1 reveals that multiple views of strategy may exist, and the 5 Ps described by Henry Mintzberg enhance understanding of the various ways in which firms conceptualize strategy.

For this Learning Assignment please identify each of these 5 viewpoints and describe why each is important in crafting an effective strategic plan.Also comment on the concept of "Intended" and "Emergent" strategies relative to the creation and implementation of a strategic plan, and why this may be problematic for each of these 5 strategic viewpoints.

Reference no: EM131026321

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