trategic Management Custom Essay

This is a discussion… I need to respond to the question/topic below . I’ll need a minimum of 200 words in length, for each question/topic demonstrating thought and integration of key concepts. The response

should be supported with relevant background sources,(one per topic) which must be properly cited & referenced.

1)External Environment
The external environment is important to consider in the strategic management process. Discuss how companies use the Porter’s Five Forces model to assess the organization’s external environment and why

that is so important to successful strategic management.

2)Internal Evaluation
Internal Evaluation; this is the "SW" of the SWOT analysis. Every organization has strengths and weaknesses. As with the last TD question, give an example of a company you know or read up on

who did not really develop their strengths or deal with key weaknesses.

3)Cost Leadership or Differentiation
Is it possible for a company or business unit to follow a cost leadership strategy and a differentiation strategy simultaneously? Why or why not? Use an example in your answer to illustrate your position.

4)Strategic Controls
You are now in charge of an organization (Profit, Non-profit, volunteer, defense) your choice. Describe the controls would you want to review to determine if the organization and the individuals are moving in

the correct direction. List the top three measurement controls you would want to see.

4)Integration
Please consider three key strategic management concepts. Describe how they all work together to help organizations succeed. Please provide an example of how these key concepts work together in a

management context.