Discuss the following questions in relation to strategic management:

Answer Both Questions

Question 1:

Discuss the following questions in relation to strategic management:

  • What factors make up this process?
  • How important is it to change, and what criteria determine the changes in a strategic management plan?

Question 2:

Discuss the following questions in relation to strategic competitiveness:

  • How would you describe the twenty-first century competitive landscape and the various challenges it brings to businesses?
  • Why will a traditional mindset not lead a company to strategic competitiveness and what values must managers adopt to overcome these challenges?