Fundamentals of strategic management


Assignment:

PART 1

The ultimate goal of effective strategic management is to achieve and maintain a competitive advantage (David, 2013). We've spent time understanding the fundamentals of strategic management: formulation, implementation and evaluation. As you think over the learning concepts  and the goal of achieving and maintaining a competitive advantage you must also think about effective decision making, which is critical to an organization's success.

In your opinion, what is the single major benefit of using a strategic management approach to decision making? There is really no right or wrong answer , however, please support and justify your answer using APA formatting references.

PART 2

What was your "aha moment" regarding the strategic management process? Again, there is no right or wrong answer, but please explain why you thought this moment of learning was so critical to your overall understanding of strategic management.

Please review the document enclosed here:

Attachment:- Strategic management.rar

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Business Management: Fundamentals of strategic management
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