OVERVIEW OF STRATEGIC MANAGEMENT

After studying this chapter, you should be able to do the following:
1-1. Describe the strategic-management process.
1-2. Discuss the three stages of activities for strategy formulation, implementation, and evaluation activities.
1-3. Explain the need for integrating analysis and intuition in strategic management.
1-4. Define and give examples of key terms in strategic management.
1-5. Describe the benefits of engaging in strategic management.
1-6. Explain why some firms do not engage in strategic planning.
1-7. Describe the pitfalls in doing strategic planning.
1-8. Discuss the connection between business and military strategies.
1-9. Explain how this course can enhance a student’s employability