Reference no: EM133933876

Assignment: Strategy Formulation and Strategic Thinking

Discussion Thread: External Environment, Power / Weakness, and Decision Models

Evaluating the external environment that the company does business in is critical to the process of developing a company's strategy. When evaluating the external environment, it is important to understand key sources of power or weakness that exist. Decision models continue to impact strategy development and should continuously be evaluated, and others considered.

For your main thread, perform the following:

A. Discuss the process of evaluating the external environment.
B. Discuss a key source of power or weakness.
C. Discuss your current decision model(s) and others that are being considered.
D. Develop an Annotated Bibliography for the additional references used in your discussion.
E. Support all of your factual assertions with citations.

Task

Use the following outline:

I. Introduction

1) Process: Evaluating the External Environment - What is the process for evaluating the external environment. Discuss the process of evaluating the external environment in no less than 200 words

2) Strategic Thinking: Key source of Power / Weakness ? What is an example of a key source of power or weakness and why is it important. Discuss the key source of power or weakness and why it is important in no less than 200 words.

II. Decision Model

1) How do my decision models aid / hinder the process of evaluating the external environment and why? Discuss how and why your decision model(s) aid / hinder the process of evaluating environment. Get the instant assignment help.

2) What other decision models are being considered and why? Discuss what models you are considering using as a better choice and why.

III. Conclusion

1) Support your factual assertions with citations.
2) Use the bolded headings below for each annotation

Use the following outline:

1) Summary of Key Points
2) Evaluation of the Quality of the Publication
3) Evaluation of the Quality of the Author(s)
4) Where this fits into the discussion