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MGT 498 Week 3 Individual Assignment Environmental Scan Paper

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Week 4 Summary
Week 4 was a fast paced week that dealt with several areas surrounding business strategy. we
discussed the necessary steps taken when a company decides to implement a business strategy.
Sequence of execution is critical because if the wrong step is taken, a company runs the risk of
wasting valuable time and resources. Time frames are also important because the expected date
of completion can determine which strategy to choose. The internal dynamics of chosen
company's were examined to see how they influence business continuity. TQM and Six Sigma
were several processes that we studied to see how they can affect the strategy of an organization.
The team paper allowed us to see how competitive advantage is achieved domestically and
globally. I am so excited to be in the final week of this class. One more class and I am done!

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