Strategic Management Please Follow instructions only 10- Resources that is giving in the attachment

Strategic Management – MGT 451: Final Exam

Your final exam’s deliverable is a written report addressing the question: How does Innovation contribute to create

Competitive Advantage? Students can rephrase this question and use it as your exam title.

To support your report, you need to include at least ten (10) relevant sources. Five (5) of them should come from the

Reference list distributed in class. To access key material, visit Marymount library (physically and/or online)

In your written report balance the opinions of scholars (quotes, citations, etc.), researchers (statistics, findings, etc.) with

your own analytical reflections (opinions, views, etc.). Also mentioned examples of companies that support your statements.

Blogs ARE NOT allowed to be cited unless they are written by a scholar or prominent business figure.

A. Essay Content and Structure:

The length of your exam should fluctuate between 9 to 12 pages. 5 pages correspond to content addressing the topic of

Innovation; the remaining pages should be used for cover, references, and annexes; see below.

# of

Pages

Section

1 Cover: Include your name, course name, school, university, professor name, and date.

1 Table of Contents: Consider the headings and page numbers included in your paper

5 – 5 ½ Body of the Report. Points a) to f) below must be addressed in your exam. In parenthesis, I include some illustrative

questions to guide your analysis; feel free to use those or other questions / ideas to produce your report.

a) Definition & Importance: What is Innovation? Why does Innovation matter? What is the relationship between Innovation and Competitive Advantage? In this section, cite at least 3 relevant definitions of innovation (use the

provided Reference list, other articles, and/or textbooks) and based on those ideas provide your own definition of

Innovation.

b) Components: What are the key elements of Innovation? What are the distinctive characteristics of Innovation? Are there different types of Innovation?

c) Key Issues: What challenges around Innovation does a firm typically face? What problems may arise when a company decides to embrace an Innovation mind-set? In which ways does the lack of Innovation affect a firm’s

Competitive Advantage?

d) Process: What are the key steps (process) to maximize the results of Innovation and achieve sound business results? What aspects cannot be forgotten? Are there best practices to further Innovation?

e) Culture: What values and/or behaviors do effectively create a culture of Innovation? How does organizational culture support or limit Innovation? How can an Innovation culture be developed?

f) Lessons Learned: What have you learned about Innovation? How have your views on Innovation changed? How can you develop your Innovation mind-set? What is the most surprising aspect you have found in your research?

1 - 2 References: Include all references you have used to support your arguments in the report using APA style

1 - 3 Annexes: Consider additional tables, graphs, diagrams, charts, and other relevant visuals. Make sure to make references to ideas discussed in the body of the report.

B. Format:

File: Microsoft Word Font: Times Roman 12 Space: Double space Margin: 0.5” all around

❖ Feel free to include tables, graphs, and other visuals either in the body or in the annexes to support your answers. Name all charts and include the corresponding source information.

❖ Proofread your paper before submission

❖ Remember plagiarism is a grave offense

❖ Due date: Tuesday, December 12. Bring a hard copy to class and email it to: grivero@marymount.edu

Prof. Guillermo Rivero

School of Business Administration

Marymount University

Note: Please, follow the above report guidelines to maximize your grading. Good luck with your Final Exam!