Posted: October 24th, 2022

Interactive Activity 1

Interactive Activity 1

Content Introduction
¬¬¬¬¬¬¬¬¬¬¬¬Learning Outcomes
1. Recognize the basic concepts and terminology used in Strategic Management.

Required
Chapter 1. Basic Concepts of Strategic Management
• Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

Recommended
Colin. W (2004). Strategic Management. Palgrave MACMILLAN. Retrieved from http://dr-ama.com/wp-content/uploads/2013/10/Strategic-Management.pdf

Question 1
Why are strategic decisions different from other kinds of decisions?

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Question 2

When is the planning mode of strategic decision-making superior to the entrepreneurial and adaptive modes?
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Interactive Activity 2

Content Introduction
¬¬¬¬¬¬¬¬¬¬¬¬Learning Outcomes
1. Demonstrate how executive leadership is an important part of strategic management.

Required
Chapter 1. Corporate Governance Context: Constraints and Challenges
• Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

Recommended
Business Roundtable (2016). Principles of Corporate Governance. Harvard Law Schoool Forum on Corporate Governance. Retrieved from https://corpgov.law.harvard.edu/2016/09/08/principles-of-corporate-governance/

Colin. W (2004). Strategic Management. Palgrave MACMILLAN. Retrieved from http://dr-ama.com/wp-content/uploads/2013/10/Strategic-Management.pdf

Question 1
When does a corporation need a board of directors?
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Question 2

Who should and should not serve on a board of directors? What about environmentalists or union leaders?
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Interactive Activity 3
Content Introduction
¬¬¬¬¬¬¬¬¬¬¬¬Learning Outcomes
1. Describe the different issues related to environmental scanning, strategy formulation, and strategy implementation in diversified organizations
2. Recognize the basic concepts and terminology used in Strategic Management.

Required
Chapter 3. Social Responsibility and Ethics in Strategic Management

Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

Recommended
Mitra, N. (2021). Impact of strategic management, corporate social responsibility on firm performance in the post mandate period: evidence from India. International Journal of Corporate Social Responsibility, 6(3), 1-15. https://doi.org/10.1186/s40991-020-00052-4 Retrieved from https://jcsr.springeropen.com/track/pdf/10.1186/s40991-020-00052-4.pdf
Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

Question 1
Discuss how a development in a corporation’s natural and societal environments can affect the corporation through its task environment.
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Question 2
Compare and contrast trend extrapolation with the writing of scenarios as forecasting techniques.………………………………………………………………………………………………………………………………………………………………………………………………

Interactive Activity 6

Required
Chapter 6. Strategy Formation: Situation Analysis and Business Strategy
Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

Recommended
Mintzberg, H. (1978). Patterns in Strategy Formulation. Management Science, 24(9), 934-948. http://www.jstor.org/stable/2630633

Test your knowledge

Question 1
What is the relevance of the resource-based view of the firm to strategic management in a global environment?
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Interactive Activity 7

Content Introduction
¬¬¬¬¬¬¬¬¬¬¬¬Learning Outcomes
1. Distinguish between different types and levels of strategy and strategy implementation
2. Gain insights into the strategy-making processes of different types of organizations

Required
Chapter 7. Strategy Formation: Corporate Strategy
Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

Recommended
Andersson, H., & Janson, G. (2012). Evaluating a corporate strategy: A case study of Länsförsäkringar. Available via https://stud.epsilon.slu.se/4453/1/Andersson_et_al_120703.pdf

Question 1
How is corporate parenting different from portfolio analysis? How is it alike? Is it a useful concept in a global industry?
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Question 2
What are the tradeoffs between an internal and an external growth strategy? Which approach is best as an international entry strategy?
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