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Assignment 1 - BADM 450-O1 Answer the following questions based on information in Chapter 1 of the text for this class. 1. Briefly describe the three primary elements of the strategic management process. d pruessig an thnethtmish anh opee EnwirorntsScang-ayre youre On Stoategi formukhon nd denettor he press of fomhting a t- stategyhntin-^periadie evahaatiofHedabesy betylao 2. Briefly discuss the two approaches to the strategic management process that explain how Spingon firms can create above average returns 3. Describe the three technological trends and conditions that are nature of competition. Mobiltymaile aps diesand opeiy significantly altering the 3offene The cloud alloyCnganto h 4. How would you distinguish between vision and mission statements? ara ourer t a The vision statemet fouses wants to becone. The mislon tatontfoues onton and wha the tomerou and h on Tomomb gan'zation Cenpam does 5 What are stakeholders and what are the three primary stakeholder groups? Shakehsdos are theidilulsgs and orietos theat affeth viir aswell ay istm 1.Captal Mrhet Skcho des 2 Tetors S shuchaldes Can a firm achieve a competitive advantage and thereby strategic competitiveness Assignment 1 - BADM 450-O1 Answer the following questions based on information in Chapter 1 of the text for this class. 1. Briefly describe the three primary elements of the strategic management process. d pruessig an thnethtmish anh opee EnwirorntsScang-ayre youre On Stoategi formukhon nd denettor he press of fomhting a t- stategyhntin-^periadie evahaatiofHedabesy betylao 2. Briefly discuss the two approaches to the strategic management process that explain how Spingon firms can create above average returns 3. Describe the three technological trends and conditions that are nature of competition. Mobiltymaile aps diesand opeiy significantly altering the 3offene The cloud alloyCnganto h 4. How would you distinguish between vision and mission statements? ara ourer t a The vision statemet fouses wants to becone. The mislon tatontfoues onton and wha the tomerou and h on Tomomb gan'zation Cenpam does 5 What are stakeholders and what are the three primary stakeholder groups? Shakehsdos are theidilulsgs and orietos theat affeth viir aswell ay istm 1.Captal Mrhet Skcho des 2 Tetors S shuchaldes Can a firm achieve a competitive advantage and thereby strategic competitiveness