Strategic Management Questions

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UOP_MGT498_Weekly_Questions2.docx
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Week Two Weekly Questions Worksheet

Answers must be at least 50 words in length, and grounded with the citing/referencing of at least one relevant and credible source according to 400-level APA standards (see Writing & Style Guidelines in the eCampus Center for Writing Excellence for assistance).

1. How has the growth in globalization affected strategic planning in US companies from the perspective of cost, and what types of financial sustainability strategies can be used to create a cost advantage?

2. How have Continuous Improvement Process (CIP) methodologies, such as CMMI and TQM at the macro level, and ITIL and Six Sigma at the micro level, affected strategic planning, and how would a company choose one methodology over another?

3. Why is an understanding of positive ethical behavior important to strategic planning, and how do a company's ethical policies affect strategic management as it pertains to their various stakeholders?