Strategic Management

Learning Goal: I’m working on a management question and need support to help me learn.

  • Why has strategic management become so important to today’s corporations and how does it typically evolve in a corporation?
  • What is the relationship between corporate governance and social responsibility? Are people living in a relationship-based governance system likely to be unethical in business dealings?
  • 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?
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