Problem:
Question 1) List and discuss the elements of Strategic Management according your textbook and the Strategic Management Model handout in doc sharing (1) Name the element. Define it. (2) List and explain why each element is essential for short term success and long term viability?
Question 2) From some organization(s) where you have worked (or someone else has worked), write 2 scenarios from the strategic perspective as follows: (1) Explain the BEST strategic planning and implementation/execution you have observed. Discuss fully. (2) Explain the WORST strategic planning and implementation/execution you have observed. What would you have done differently? Be specific. NOTE: Do not name the organization. Just use XYZ as the name.
Question 3) Using your Parnell Strategic Management textbook, please answer the following questions about Texas A&M University-Commerce.
i) List at least 5 University stakeholders? What do each expect? Explain fully.
ii) Apply Porter's 5 Forces to the University.
iii) Assume you are the CEO and President of Texas A&M-Commerce. Choose the overall corporate strategy of A&M-Commerce from one of the following: growth, stabilization, retrenchment. What strategies would you use to implement the overall corporate strategy? Explain fully.
Question 4) Use Parnell text. How is the strategic management of an organization impacted by each of the following? Be specific. Include what managers must do to ensure positive impact.
1. ethical issues?
2. globalization?
3. employee diversity?
4. agency?
Provide thorough explanation of every question given in the problem.