Discussion Post
Discuss the elements of strategic management and explain why it is crucial to an organization's survival. Excluding the examples from the textbook, give an example of a company that failed as a result of poor strategic management. Explain the difference between a strategy and a business model. Please discuss in 200-250 words.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.
Required Resources
Textbook: Abraham, S. (2012). Strategic management for organizations. Retrieved from https://content.ashford.edu/
o Chapter 4: External Environmental Analysis
o Chapter 5: Assessing the Company Itself
Multimedia
Virtualstrategist. (2016, October 19). How to perfom a SWOT analysis [YouTube Video file].