Recognize the basic concepts and terminology

Assignment Help Management Theories

Reference no: EM133777940

Learning Outcomes:

CLO1- Recognize the basic concepts and terminology used in Strategic Management.

CLO2-Describe the different issues related to environmental scanning, strategy formulation, and strategy implementation in diversified organizations

CLO5-Demonstrate how executive leadership is an important part of strategic management.

Assignment Question(s):(2.5 marks for each question)

1. Why is strategic management important for a corporation's competitive advantage?

2. How does strategic management typically evolve in a corporation? Give examples

3. Why does a corporation need a board of directors? What is the relationship between corporate governance and social responsibility? Give examples from the actual market.

4. Choose any corporation from the Saudi market and discuss the forces driving its industry competition (review chapter 4-slide 18).

Reference no: EM133777940

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