What is going on in the world

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Question: What is going on in the world? Find a current event (within last six months) that is relevant to one of the concepts covered in lecture. Please include a link to the article and thorough explanation of why it is relevant, what business concepts it is demonstrates, and the significance of the news. This is NOT a summary of the news; this is where you practice and demonstrate critical thinking (a key learning objective of the class). You only need to thoroughly and thoughtfully address one of the concepts covered in lecture per discussion board. The topics covered this week were:

Strategic Management and Competitive Advantage

Competitive advantage
Industrial organization model
Resource-based view
Stakeholder groups
Setting the Firm's Direction: Mission and Goals

Mission statements
Goal setting
Leading Strategically

Strategic leadership.
Managerial succession
Strategizing for competitive advantage
Level 5 leadership pyramid
The Internal Environment: Turning Resources into Competitive Advantage

Reference no: EM133390909

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