DISCUSSION QUESTION 1-1 MB601 Strategic Management Lesson 1: Strategic Management and Governance Discussion Question 1 (50 points) Discuss ten (10) strategies and their advantages in connection with...

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DISCUSSION QUESTION 1-1 MB601 Strategic Management Lesson 1: Strategic Management and Governance Discussion Question 1 (50 points) Discuss ten (10) strategies and their advantages in connection with the corporation’s goals and objectives as listed on page 14 of your text. (50 points) (A 2-page response is required.) ENVIRONMENTAL SCANNING STRATEGY FORMULATION STRATEGY IMPLEMENTATION EVALUATION AND CONTROL CONCEPTS IN STRATEGIC MANAGEMENT AND BUSINESS POLICY 14 TH EDITION THOMAS WHEELEN Grading Rubric Please refer to the rubric below for the grading criteria for this assignment. CATEGORY Exemplary Satisfactory Unsatisfactory Unacceptable 40 points 30 points 20 points 10 points Student provides a clear, logical discussion of ten (10) strategies and their advantages in connection with the corporation’s goals and objectives. Student provides a mostly clear, logical discussion of ten (10) strategies and their advantages in connection with the corporation’s goals and objectives. Student provides a partially clear, logical discussion of ten (10) strategies and their advantages in connection with the corporation’s goals and objectives. Student provides a weak, unclear or incomplete discussion of ten (10) strategies and their advantages in connection with the corporation’s goals and objectives. 5 points 4 points 3 points 2 points Student makes no errors in grammar or spelling that distract the reader from the content. Student makes 1-2 errors in grammar or spelling that distract the reader from the content. Student makes 3-4 errors in grammar or spelling that distract the reader from the content. Student makes more than 4 errors in grammar or spelling that distract the reader from the content. 5 points 4 points 3 points 2 points The paper is written in proper format. All sources used for quotes and facts are credible and cited correctly. Excellent organization, including a variety of thoughtful transitions. The paper is written in proper format with only 1-2 errors. All sources used for quotes and facts are credible and most are cited correctly. Adequate organization includes a variety of appropriate transitions. The paper is written in proper format with only 3-5 errors. Most sources used for quotes and facts are credible and cited correctly. Essay is poorly organized, but may include a few effective transitions. The paper is not written in proper format. Many sources used for quotes and facts are less than credible (suspect) and/or are not cited correctly. Essay is disorganized and does not include effective transitions. Format - APA Format, Citations, Organization, Transitions (5 Points) Ten (10) Advantages (40 Points) Mechanics -Grammar, Punctuation, Spelling (5 Points)
Answered Same DayOct 02, 2021

Answer To: DISCUSSION QUESTION 1-1 MB601 Strategic Management Lesson 1: Strategic Management and Governance...

Deepti answered on Oct 04 2021
153 Votes
Strategic Advantage
1
STRATEGIC ADVANTAGE
8
STRATEGICAL ADVANTAGE IN CONNECTION
WITH CORPORATION GOALS AND OBJECTIVES
Table of Contents
31. Introduction

2. Business Stategy
4
3. Strategic Advantages
4
4. Conclusion
6
5. References
7
Introduction
Business Strategy plays a key role for company while introducing a product in a market. It ensures how they stand in market and how to make a benchmark in industry. It is very important to scan the environment related to external and internal. It relates to a clear picture in our mind to regulate and forecast of factors in regard with company success.
Strategy formulation and implementation comes. It deals about selection of best suitable course of action. It shows about the resources, required financial plan and best techniques for getting the financial profits. After this process, detail plan and strategies has written to reach the desired goals. Last but not least, Strategic evaluation and control which concludes the effectiveness of good strategy in achieving the company’s objective with correct course of action.
Business Strategy
Strategy is a plan of action designed to achieve a long term goal. Business Strategies supports to provide a direction to the entire company and prevent its individuals from losing the path of set goals. It a direction and scope of an organization over the long term advantages through the alignment of given resources to match with the needs and expectation of market. It is a unique component for being best in business. It is a sketch of long term desired destination. It is technique of clubbing the determined course of action. It is a combination of competitive...
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