Task
Using an organisation that has been in the news in the past two years, apply and critically evaluate how each of the following theoretical concepts influences strategic management practices in that organisation. Provide recommendations that would enhance strategic management in your chosen organisation
- Industry attractiveness
- Resource based view (resources, capabilities and core competencies)
- Competitive advantage
Refer to relevant academic literature and source materials.
Also refer porter 5 factors
Rationale
This assessment addresses the following subject learning objectives.
- be able to critically analyse and evaluate a variety of management theories and practices;
- be able to identify and apply a variety of management and organisational theories and practices;
This assessment will also help you use empirical evidence to support your arguments.