The purpose of this assignment is to develop students' critical thinking abilities. Addition skills development includes research, paraphrasing, referencing and effective communication. As such the solution for this assignment should demonstrate the analytical, writing and presentation skills required in today's business environment.
1. What is strategic management? Provide an example of strategy management.
2. Explain the strategic management process?
3. Who is involved with strategic management? Provide two examples of strategy management role players.
4. What is competitive advantage? In your opinion, what is Apples Inc.'s competitive advantage?
5. There are three competitive advantage views presented in the textbook. In your opinion, which one is the best and why?
6. Explain the four implications of the three drivers of the new business environment listed on page 34 of the course textbook.