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Ashford University Online Strategic Planning Discussion

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Discuss the elements of strategic management and explain why it is crucial to an organization’s survival. Excluding the examples from the textbook, give an example of a company that failed as a result of poor strategic management. Explain the difference between a strategy and a business model. Please discuss in 200-250 words.

Required Resources

Text

Abraham, S. (2012). Strategic management for organizations. Retrieved from https://content.uagc.edu/

  • Chapter 4: External Environmental Analysis
  • Chapter 5: Assessing the Company Itself