Question: Chapter 3: Strategic Management: Planning and Execution for Competitive Advantage Individual Assignment: (Your answers should be based on information in the assigned textbook.) 1. What

 Chapter 3: Strategic Management: Planning and Execution for Competitive Advantage Individual

Chapter 3: Strategic Management: Planning and Execution for Competitive Advantage Individual Assignment: (Your answers should be based on information in the assigned textbook.) 1. What is strategic management? 2. What is strategic planning? 3. List the steps in the strategic planning process? 4. What is the rationale for conducting a SWOT analysis? 5. List 5 examples of common organizational strengths and 5 examples of common organizational weaknesses. 6. Name the 8 cautions that should be applied when developing broad objectives

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