Could/should critical success factors in a CPM include external factors? Explain.
Answer to relevant QuestionsExplain how to conduct an external strategic-management audit. How does the external audit affect other components of the strategic-management process? Do you agree with I/O theorists that external factors are more important than internal factors in a firm achieving competitive advantage? Explain both your and their position. If your Competitive Profile Matrix has three firms and they all end up with the same Total Weighted Score, would the analysis still be useful? Why. Even though planning is considered the foundation of management, why do you think it is commonly the task that managers neglect most?
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