Question: Strategic management Competitive advantage Strategic plan Mission statement Vision statement Core values statement AFI Create a Microsoft Word document and title it Strategic Management Research

Strategic management Competitive advantage Strategic plan Mission statement Vision statement Core values statement AFI Create a Microsoft Word document and title it "Strategic Management Research Journal Part 1." Write a 500- to 700-word response to the following prompts as your journal entry: Justify the guiding principles required for preparing effective statements that describe the mission, vision, and the core values of an organization as covered in the assigned reading. In other words, please explain the key elements for an effective vision statement, an effective mission statement, and an effective values statement. Share what Marriott Hotel's vision, mission, and values statements are, then evaluate whether Marriott's mission statement, vision statement, and core values conform to the guiding principles you explained in your response to prompt #1. Refer to the Marriott. website and other sources listed in the Resources section below. Assess what Marriott Hotel's current competitive advantages and disadvantages are by considering their business partners, allies, and general operations. Research the assignment resources listed below and other sources. Based on your research, evaluate Caterpillars current competitive advantages and disadvantages. To do this, list some of Marriott's strengths and weaknesses, then use data to compare these attributes against the same attributes of some of Marriott's competitors to show how they create competitive advantages and disadvantages for Marriott.

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