I’m working on a management question and need an explanation and answer to help me learn.
1. Describe the different issues related to environmental scanning, strategy formulation, and strategy implementation in diversified organizations.
Chapter 6. Strategy Formation: Situation Analysis and Business Strategy
Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)
Mintzberg, H. (1978). Patterns in Strategy Formulation. Management Science, 24(9), 934-948. http://www.jstor.org/stable/2630633
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How can value-chain analysis help identify a company?s strengths and weaknesses?