Section I. Discussion Questions (15 marks)
Discuss briefly the following questions (maximum 200 words for each question). (3 marks each question)
Why has strategic management become so important to today’s corporations and how does it typically evolve in a corporation?
Discuss how a development in a corporation’s natural and societal environments can affect the corporation through its task environment.
How can value-chain analysis help identify a company’s strengths and weaknesses?
What are the advantages and disadvantages of being a first mover in an industry? Give some examples of first-mover and late-mover firms. Were they successful?
Why are many strategic alliances temporary?
Notes:
Using the terminology developed in the course of strategic management will be highly valued.
Your answers MUST include at least 7 outside references (other than the slides and textbook) using a proper referencing style (APA).
Using references from SDL will be highly valued.
You answers should not exceed 1500 words.
Requirements: 1500 word