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Seven segments of the general environment

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Reference no: EM132832931

Answers have to be a minimum of 8 S entences

1. What are strategic competitiveness, strategy, competitive advantage, above-average returns, and the strategic management process?

2. What are vision and mission? What is their value for the strategic management process?

3. What are stakeholders? How do the three primary stakeholder groups influence organizations?

4. What are the seven segments of the general environment? Explain the differences among them.

5. What is a strategic group? Of what value is knowledge of the firm's strategic group in formulating that firm's strategy?

6. What is the importance of collecting and interpreting data and information about competitors? What practices should a firm use to gather competitor intelligence and why?

7. Why is it important for a firm to study and understand its internal organization?

8. What is value? Why is it critical for the firm to create value? How does it do so?

9. What is value chain analysis? What does the firm gain by successfully using this tool?

Reference no: EM132832931

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