Learning Goal: I’m working on a management question and need an explanation and answer to help me learn.Learning Outcomes:Understand the basic concepts and terminology used in Strategic Management (CLO1)Identify opportunities and threats as well as strengths and weaknesses in the operating (CLO2)Distinguish between different types and levels of strategy and strategy implementation environment of hypothetical and real-world organizations. (CLO3)Gain insights into the strategy-making processes of different types of organizations (CLO4)Understand the contribution of various functional areas e.g. production, marketing, purchasing, and supply management to the overall well-being of the organization. (CLO5)Understand issues related to strategic competitive advantage in diversified organizations (CLO6)
