Strategic Management Notes

Obtain a clear understanding of the strategic-planning process; • Examine and investigate the three stages: strategy formulation, implementation and evaluation activities; • Explain and provide examples of the key terms in strategic management; • Illustrate the comprehensive strategic-management model; • Explain the advantages of engaging in strategic management; and • Explain and understand the pitfalls in strategic planning.

• Explain why good ethics is good business in strategic management; • Explain why whistle-blowing, bribery, and workplace romance are strategic issues • Discuss why social responsibility and policy are key issues in strategic planning; • Discuss the nature of environmental sustainability and why it is a key issue; and • Explain why animal welfare is a key issue for firms.

• Discuss the nature and implications of labour union membership across Europe. • Explain the advantages and disadvantages of entering global markets. • Discuss communication differences across countries. • Discuss Africa as the newest hotspot for business entry

Obtain a clear understanding of the strategic-planning process; • Examine and investigate the three stages: strategy formulation, implementation and evaluation activities; • Explain and provide examples of the key terms in strategic management; • Illustrate the comprehensive strategic-management model; • Explain the advantages of engaging in strategic management; and • Explain and understand the pitfalls in strategic planning.

• Explain why good ethics is good business in strategic management; • Explain why whistle-blowing, bribery, and workplace romance are strategic issues • Discuss why social responsibility and policy are key issues in strategic planning; • Discuss the nature of environmental sustainability and why it is a key issue; and • Explain why animal welfare is a key issue for firms.

• Discuss the nature and implications of labour union membership across Europe. • Explain the advantages and disadvantages of entering global markets. • Discuss communication differences across countries. • Discuss Africa as the newest hotspot for business entry