Part 1:
Discuss the influence of globalization, social responsibility and environmental sustainability on strategic management of a corporation.
In what ways can a corporation’s structure and culture be internal strengths or weaknesses?
Discuss how executive leadership is an important part of a strategic management?Give examples from real market.
Part 2:
Case Study:
- Identify opportunities and threats as well as strengths and weakness of the company
- What is/are the strategy (ies) used by Best Buy?
- Explain the contribution of various functional areas of Best Buy Company to its well-being.
- Determine the issues affecting to the strategic competitive advantage of the company.
- Recommend solutions for Best Buy to improve its competitive advantage.
Part 3:
From real national/international market, select any type of strategic alliance between two firms and answer the following questions:
- Briefly introduce your chosen firms, partners of the strategic alliance (industry, nationality, size, market position…). Max 150 words
- What is the type of strategic alliance used by your chosen firms? Explain its different reasons.
- What is the method used by the firms to manage their cultures after alliance? underline the pros and cons of this method.
- Is this strategic alliance successful? Justify.
- What recommendations can you give for the managers of these firms to improve their competitiveness?
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