Strategic Management Assignment-1

May 29th, 2015
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The Importance of Strategic Management Explain why strategic management is important. Discuss what studies of the effectiveness of strategic management have shown. The Strategic Management Process List six steps in the strategic management process. Describe what managers do when they do external and internal analyses. Explain the role of resources, capabilities, and core competencies in the internal analysis.

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8th editionSteven P. RobbinsMary CoulterPowerPoint Presentation by Charlie CookCopyright 2005 Prentice Hall, Inc.All rights reserved.LEARNING OUTLINEFollow this Learning Outline as you read and study this chapter.The Importance of Strategic ManagementExplain why strategic management is important.Discuss what studies of the effectiveness of strategicmanagement have shown.The Strategic Management ProcessList six steps in the strategic management process.Describe what managers do when they do external andinternal analyses.Explain the role of resources, capabilities, and corecompetencies in the internal analysis.Copyright 2005 Prentice Hall, Inc. All rights reserved.82L E A R N I N G O U T L I N E (contd)Follow this Learning Outline as you read and study this chapter.Types of Organizational StrategiesExplain the three growth strategies.Discuss the BCG matrix and how its used.Define SBUs and business-level strategies.Describe the role of competitive advantage in businesslevel strategies.Explain Porters five forces model.Describe three generic competitive strategies.Copyright 2005 Prentice Hall, Inc. All rights reserved.83L E A R N I N G O U T L I N E (contd)Follow this Learning Outline as you read and study this chapter.Strategic Management in Todays EnvironmentDiscuss the implications of dynamic and uncertainenvironments on organizational strategy.Explain the ru

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