Learning Outcomes:
CLO1– Recognize the basic concepts and terminology used in Strategic Management.
CLO2-Describe the different issues related to environmental scanning, strategy formulation, and strategy implementation in diversified organizations
CLO5-Demonstrate how executive leadership is an important part of strategic management.
Assignment Question(s): (2.5 marks for each question)
- Why is strategic management important for a corporation’s competitive advantage?
- How does strategic management typically evolve in a corporation? Give examples
- Why does a corporation need a board of directors? What is the relationship between corporate governance and social responsibility? Give examples from the actual market.
- Choose any corporation from the Saudi market and discuss the forces driving its industry competition (review chapter 4-slide 18).
Notes:
- Your answers MUST include at least four scholarly peer-reviewed references, using a proper referencing style (APA). Remember that these scholarly references can be found in the Saudi Digital Library (SDL).
- Make sure to support your statements with logic and argument, citing all sources referenced.
Answers
- Answer-