Strategic Management
- Understand the basic concepts and terminology used in Strategic Management. (Lo 1.2)
- Understand the Corporation Social Responsibility (Lo 1.4).
- Explain how executive leadership is an important part of strategic management (Lo 3.4)
ü Question 1: How does strategic management typically evolve in a corporation?
ü Question 2: Discuss the influence of globalization, social responsibility and environmental sustainability on strategic management of a corporation.
ü Question 3: In what ways can a corporation’s structure and culture be internal strengths or weaknesses? Justify your answer by examples from real market.
ü Question 4: When does a corporation need a board of directors? Justify your answer by an example from Saudi market.
Answer preview
Question 1: Evolution of Strategic Management in a Corporation
Setting up a successful business and growing it to an international level is an uphill task for most entrepreneurs. It requires strategic management that can help the company take advantage of available opportunities while minimizing risks. The evolution of strategic management…
(1000 words)