31 Jan BUS402 Discussion Forum
BUS402 Discussion Forum
Discuss the elements of strategic management and explain why it is crucial to an organization’s survival. Excluding the examples from the textbook, give an example of a company that failed as a result of poor strategic management. Explain the difference between a strategy and a business model. Please discuss in 200-250 words.
Required Resources
Text
Abraham, S. (2012). Strategic management for organizations. Retrieved from https://content.ashford.edu/
Chapter 4: External Environmental Analysis
Chapter 5: Assessing the Company Itself
Multimedia
virtualstrategist. (2016, October 19). How to perfom a SWOT analysis (Links to an external site.) [Video file]. Retrieved from https://www.youtube.com/watch?annotation_id=annotation_161788243&feature=iv&src_vid=GNXYI10Po6A&v=I_6AVRGLXGA
In this video, the presenter examines how to analyze the information obtained from a SWOT analysis and will assist you in your SWOT Analysis assignment this week.
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