Explain the difference between a strategy and a business


Discussion Instructions

Strategic Planning
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.

This week in our first discussion we will be going over why strategic management is essential to an organization's success. You will need to find an actual example of an organization's failure due to their poor use of strategic management. This will take a bit of research, so plan ahead of time to make your posts by the Thursday due date. Remember, if the post is late, there will be a late penalty.

Guided Response: Respond to at least two of your fellow students' posts in a substantive manner and provide recommendations to extend their thinking. Support your position by using information from the week's readings, or examples from current events and/or other scholarly or credible resources. Properly cite any references.

Attachment:- Discussion Instructions.rar

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Strategic Management: Explain the difference between a strategy and a business
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