Five chapter summaries for chapters 1-5
Book: Strategic Management 16th edition
Instructions:
– One page – single spaced – 3-4 sentenced
– One page per chapter
– Chapters 1-5
NO PLAGIARISM (TURNITIN)
NO outside references/sources/research (ALL FROM THE CHAPTER)
For each chapter
So chapter one: one page summary
Chapter two one page summary
each one alone
my chegg account info (so you can access the book) Please do not share this information with anyone. Thank you.
Chegg:
user: nmf_1993@hotmail,com
password; Chegg123456789
Answer preview
Just like chapters one and two, this chapter has eight parts that focus on the external assessment of formulating strategies. The first part has shared light on the purpose and nature of an external audit on corporate businesses. Furtherly, David, and David have also detailed the ten external forces that affect business organizations as part of effective strategic management. The most crucial concept given in this chapter is Porter’s Five-Forces Model. This model is used to create an understanding of the tools of competition, such as bargaining power. The sources of external information to establish strategic management in corporate business are also outlined. Although forecasting tools and techniques for ascertaining threats and opportunities are among the most critical sub-topics developed in this chapter. In this section, business analytics and making assumptions are the proposed forecasting techniques. The external factor evaluation matrix is the next section concerning the assessment of all factors in five steps. The final part is the competitive profile matrix to create a comprehensive understanding of the implication strategies.
[800 Words]
