Assignment:
Strategic Planning
Discuss the elements of strategic management and explain why it is crucial to an organization's survival. Using a company as an example, explain the difference between a strategy and a business model. Please discuss in 200 to 250 words.
Guided Response: Respond to at least two of your fellow students' posts in a substantive manner and provide recommendations to extend their thinking. Defend your position by using information from the week's readings, the lecture, and other scholarly resources.