Captstone Strategic Business Mgmt - Week 1 - Discussion 1

Week 1 Discussion 1 Template

Learning Objectives for the Strategic Management Process

Post by Day 3 (Wednesday) Respond by Day 6 (Saturday)

For Week 1, Discussion 1, choose one of the following three discussion topics. Your post should be 225–250 words and APA formatted.

1. Explain the concept of "strategy” and the connection between strategic planning and competitive advantage.

2. Explain the concept of a "business model” and why a company's business model is important.

3. Explain why a company's strategy needs to pass ethical scrutiny.

Below are three UNRELATED EXAMPLES of how to cite within a paragraph in APA format. You need to cite resources in your discussion post to support and justify your thinking:

Haag and Cummings (2003) base their information on their experience and concepts of IT at the time, and...

The authors base their information on their experience and concepts of IT at the time, and... (Haag & Cummings, 2003).

The authors base their information on their experience and concepts of IT at the time. They stated that “…IT is the most important aspect that needs attention by upper management” (Haag & Cummings, 2003, p. 89).

Now, draft your post of at least 225–250 words below:

After you have finished addressing all elements of the Discussion prompt, do not forget to include your references in APA format. You will need to write the references to any resources that you cite in your Discussion Response. Below are examples of references, including your course texts. When complete, please copy and paste your response in the appropriate thread in the Discussion Forum.

References

Thompson, A. A. (2014–2015). Strategy: Core concepts and analytical approaches (3rd ed.) [BSG electronic edition]. Burr Ridge, IL: McGraw-Hill Education.

Below are UNRELATED REFERENCES from a journal, a newspaper, and website. These references are only intended to illustrate correct APA formatting:

Ismail, A., Mohamad, M. H., Mohamed, H. A.-B., Rafiuddin, N. M., & Zhen, K. W. P. (2010). Transformational and transactional leadership styles as a predictor of individual outcomes. Theoretical and Applied Economics, 17(6), 89–104.

Porter, E. (2014, May 13). The politics of income inequality. The New York Times. Retrieved from http://www.nytimes.com/2014/05/14/business/economy/the-politics-of-income-inequality.html?module=Search&mabReward=relbias%3Ar%2C%7B%222%22%3A%22RI%3A18%22%7D

Walmart. (n.d.). Our business. Retrieved October 6, 2014, from http://corporate.walmart.com/our-story/our-business/

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