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1. How do you analyze both internal and external environments?
2. Why is matching internal with external factors such an important strategic management activity?
Step by step
Solved in 2 steps
- What do strategic group members have in common with each other? What impact do firms outside a strategic group have on those in that group?What is a grand strategy, and how does it relate to strategic objectives and the three levels of strategy?Describe the three levels of strategy and what a manager developing strategy at each level is concerned with.
- MANAGEMENT Skills that are required by the strategic Manager?What are the some of the key takeaways you learned in this course about strategic management? Also, were they from our discussions, readings, cases, quizzes, and/or assignments such as the business strategy game?What are limitations of Strategic Management ?
- What is strategy and strategic management? What is the process of strategic management?6 - Why is it important for a firm to study and understand its internal organization? 7 - What is a business model and how do business models differ from business-level strategies? 8 - How do awareness, motivation, and ability affect the firm’s competitive behavior? 9 - What is corporate-level strategy and why is it important? 10 - What motives might encourage managers to over diversify their firm?Discuss the fundamental differences and similarities between “outside-in” and “inside-out” thinking about strategic management, and their influence on strategy.