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Strategy and Managerial Decision Making

This DB has four parts:

Review the Terminal Course Objectives, accessed by clicking on the “Course Information” tab at the top of your screen, scrolling down to the “Course Objectives” and then selecting View class objectives. (I will attach the syllabus or class objectives so you can see them in a paper clip all by itself so you can see it too. You can’t get into my online discussion board so I will send it to you with the assignment. I will also make a Word document and paper clip to you what is being said so far in my discussion board so you can get a insight of what is going on. How will accomplishing these objectives support your success in management? What risks or challenges might a manager encounter if they have not mastered these objectives? Explain. 
Strategy is used by leaders to establish the direction an organization will take to achieve or maintain competitive advantage. How is strategy different from an organization’s vision and mission? 
The strategic planning model has four steps: assessments; strategy formulation; implementation of the plan; and evaluation of the results. Explain how this model along with strategic analysis is used to identify and assess an organization’s micro and macro environment. 
How are strategic planning and the analysis process used to facilitate an organization’s ability to initiate, formulate and implement strategies?

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