Strategic Management

Sources
must be cited in APA format. Your response should be four (4) double-spaced
pages; refer to the “Assignment Format” page located on the Course
Home page for specific format requirements.

Part A

The questions in Part A refer to the material discussed in
Lesson 1 of this course. Respond to the following.

1. Describe the strategic
   management process. What does it mean to manage strategically?
2. What are the three types
   of organizational strategies and how are they different?
3. The Sarbanes-Oxley Act of
   2002 (SOX) has had a significant impact on strategic management practices
   and strategies. Discuss how the Sarbanes-Oxley Act of 2002 reformed
   corporate governance.

Part B

The questions in Part B refer to the material discussed in
Lesson 2 of this course. Respond to the following.

1. Compare and contrast the
   industrial organization (I/O) and resource-based views (RBV) on
   competitive advantage.
   1. How does each develop a
      competitive advantage?
   2. What is their focus?
   3. What are their
      determinants of profitability?

1. What makes organizational
   resource-based views unique?