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BUS 4302
Date Posted: 18/07/2021
Category: Business
Due Date: 20/07/2021
Instruction
This is a 5 question Assessment Question 1. Describe the strategic management process, and include how it is used by organizations. Your response must be at least 75 words in length. Question 2. Do you feel an organization should maintain their original mission and vision statement(s), or do you feel these statements should be periodically updated? Please explain your answer. Your response must be at least 75 words in length. Question 3. Distinguish between the concepts of mission and vision. Provide examples in your explanation. Your response must be at least 75 words in length. Question 4. say are the competitors to online universities? What are three external opportunities and three external threats? Your response must be at least 200 words in length. Question 5. Within this unit, we discussed how businesses may need to adapt to changing times in order to stay competitive. Their initial practices may have worked well previously, but may not serve them well in the long term. The newspaper industry is one that may face extinction. Explain why they may need to rethink their business strategy, and provide some advice on possible strategic management changes. Be specific to include goals/objects, strengths, and weaknesses. Your response must be at least 200 words in length.
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