MGT 498 Week 1 Individual Assignment Strategic Management Process Paper

MGT 498 Week 1 Individual Assignment Strategic Management Process Paper

CSS Management: Rachel

Write a 350- to 400-word paper in which you complete the following:

o    Describe the primary components of a strategic management process, and indicate why a strategic management process is needed for a company.

o    Research at least one company and describe the strategic management process that the company uses. (Please research a company other than your current or previous employers.)

Format your paper according to APA standards.

Describe the basic model of strategic management as outlined in your course readings. Why is a strategic management process essential to the success of an organization?

Why is an understanding in ethics important to the overall strategy process, and how does an understanding of ethics affect the strategy process as it pertains to the organization’s stakeholders? Who are all of the stakeholders that should be considered when determining a strategic plan?

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