Recent demands that stakeholders have placed on this company

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Reference no: EM132611284

Chapter 1. Strategic Management: Creating Competitive Advantages

Book : Strategic Management

Learning Objectives

The definition of strategic management and its four key attributes.

The strategic management process and its three interrelated and principal activities.

The vital role of corporate governance and stakeholder management as well as how "symbiosis" can be achieved among an organization's stakeholders.

The importance of social responsibility, including environmental sustainability, and how it can enhance a corporation's innovation strategy.
The need for greater empowerment throughout the organization.

How an awareness of a hierarchy of strategic goals can help an organization achieve coherence in its strategic direction.

Discussion

Reflection and Discussion Forum Week 1

PART 1:

Reflect on the assigned readings for the week. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding. (150 - 200 words)

PART 2:

Also, provide a graduate-level response to each of the following questions:

Provide examples of companies that are actively trying to increase the amount of empowerment in the strategic management process throughout the organization. Do these companies seem to be having positive outcomes? Why? Why not? (300 WORDS)

[Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion].

[Your initial post should be in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review]

PART 3:

Assignment

Activity 1

Select a company that competes in an industry in which you are interested. What are some of the recent demands that stakeholders have placed on this company? Can you find examples of how the company is trying to develop "symbiosis" (interdependence and mutual benefit) among its stakeholders? (Use the Internet and library resources.) (150 WORDS)

The assignment is to answer the question provided above in essay form. This is to be in narrative form and should be as thorough as possible. Bullet points should not to be used. The paper should be at least 1.5 - 2 pages in length, Times New Roman 12-pt font, double-spaced, 1 inch margins and utilizing at least one outside scholarly or professional source related to competitive strategy. The textbook should also be utilized. Do not insert excess line spacing. APA formatting and citation should be used. i will not be able to provide any material or documents on my end so please go through it yourself.

Reference no: EM132611284

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