Interpret the Strategic Management process and assess the role of the planning cycle:
- Include the different aspects of the Strategic Management process and evaluate how companies achieve
and maintain Sustainable Competitive Advantage (SCA). - Include examples from a specific organization in a chosen industry or sector.
- Analyze the role of microeconomics in creating a sustainable competitive advantage.
Write a 3-page paper (APA 7th format, no abstract required) with the following key points: - Interpret the Strategic Management process and assess the role of the planning cycle.
- Include the different aspects of the Strategic Management process and evaluate how companies achieve
and maintain Sustainable Competitive Advantage (SCA). - Include examples from a specific organization in a chosen industry or sector.
- Analyze the role of microeconomics in creating a sustainable competitive advantage.
When considering these questions, take some time to think through how you will structure your paper. Be sure
to support your work by referencing the textbook – chapter 1 &2 and supporting it with two additional
references..
References should include: - Text Book – Chapter 1 & 2:
o Aaker, D. (2001). Developing business strategies (6th ed.). John Wiley & Sons, Inc. - Supplement these sources with citations to current (within the past 5 years and peer-reviewed) research
body. - Two additional relevant peer reviewed research articles published in the last 5 YEARS
Sample Solution