Test Bank for Strategic Management Competitiveness and Globalisation 5th Edition by Dallas Hanson, Michael Hitt, Duane Ireland, Robert Hoskisson ISBN 0170227642 978-0170227643

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Product details:

ISBN 10: 0170227642 
ISBN 13: 978-0170227643
Author: Dallas Hanson, Michael A. Hitt, R. Duane Ireland, Robert E. Hoskisson

“Strategic Management: Competitiveness and Globalization” focuses on how organizations formulate and implement strategies to achieve competitive advantage in a global marketplace. The course typically covers key concepts such as:

1. Strategic Analysis: Understanding internal and external environments using tools like SWOT analysis, PESTEL analysis, and Porter’s Five Forces.

2. Competitive Advantage: Exploring how firms can differentiate themselves through cost leadership, differentiation, or focus strategies.

3. Globalization: Examining the impact of globalization on business strategies, including entry modes, international trade policies, and cross-border competition.

4. Strategic Implementation: Discussing the importance of aligning organizational structure, culture, and resources with strategic goals.

5. Innovation and Change: Analyzing how companies can foster innovation and adapt to rapidly changing markets.

6. Ethics and Corporate Responsibility: Considering the ethical implications of strategic decisions and the role of corporate social responsibility.

Strategic Management Competitiveness and Globalisation 5th Table of contents:

• Introduction to Strategic Management

  • Definition and Importance
  • Key Concepts in Strategic Management

• Strategic Analysis

  • External Environment Analysis
    • PESTEL Analysis
    • Industry Analysis (Porter’s Five Forces)
  • Internal Environment Analysis
    • Resource-Based View
    • SWOT Analysis

• Formulating Strategy

  • Business-Level Strategy
    • Cost Leadership
    • Differentiation
    • Focus Strategies
  • Corporate-Level Strategy
    • Diversification
    • Mergers and Acquisitions
    • Strategic Alliances

• Globalization and Its Impact on Strategy

  • Understanding Global Markets
  • Global Competitive Forces
  • Internationalization Strategies

• Strategic Implementation

  • Aligning Structure and Culture with Strategy
  • Change Management
  • Performance Measurement and Control Systems

• Innovation and Technology in Strategy

  • The Role of Innovation
  • Technology Management
  • Disruptive Innovations

• Ethics and Corporate Social Responsibility

  • Ethical Decision-Making in Strategic Management
  • Corporate Governance
  • Sustainability in Business Strategies

• Case Studies in Strategic Management

  • Analysis of Successful Companies
  • Lessons from Strategic Failures

• Future Trends in Strategic Management

  • Emerging Markets
  • Digital Transformation
  • The Role of Artificial Intelligence in Strategy

• Conclusion

  • Integrating Strategic Management Concepts
  • Future Directions for Strategic Management

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