Homework
This homework covers chapter one, Strategic Leadership: Managing the Strategy-Making Process for Competitive Advantage, and two, External analysis: The Identification of Opportunities and Threats.
Chapter 1 Questions:
• What is competitive advantage, and how does it relate to a company's business model?
• Describe the strategic planning model, and who is involved in the strategy-making process
• Describe the SWOT analysis, its components, and how it aids a company in making strategic decisions. Provide examples of each component in the SWOT analysis.
• What are the various levels of management, and how do they participate in the process of strategic decision making?
Chapter 2 Questions:
• Define "Industry", "Business" and "Sector". How are these related?
• How can Porter's five-forces model aid in strategic decision making?
• Describe how "Risk of Entry", "Bargaining Power of Buyers", "Bargaining Power of Suppliers", and industry competition ("Threat of Substitutes") affect the external threats a company faces. Provide examples of each.
• Describe the industry life cycle, what strategic groups are, and what mobility barriers are.
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.