Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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3. Among the six elements of strategic thinking, which one do you think you strongly possess? Which one are you yet to develop? Explain your answer.
4. Why is it practical that both strategic analysis and intuitive thinking should be used? Explain your answer.
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- Answer all the questions and explain your answers alsoarrow_forwardFor the worst company, what is extraordinarily bad about the company? Does the company appear to have a clear strategy, and if so, what is it? What do you think they could do, if anything, to turn the company around? For the best company, what does the company do extraordinarily well? What do you think is the company's "positioning" strategy? What makes it different from the others in its industry?arrow_forwardSummarize pages 271-294 of "The Art of Strategy",understanding the difference between competitive advantage, information an understanding of the basic concepts of strategic management. Then discuss what is interesting, educational, insightful, etc about all of this.Then, Discuss how the reading and these topics coorlates with busineess and military strategies. Link to the book:Moon, H. (2018). The Art of Strategy: Sun Tzu, Michael Porter, and Beyond. Cambridge: Cambridge University Press. https://www.cambridge.org/core/books/art-of-strategy/750631323D026BBC278E608276F6E94Barrow_forward
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