There are four discussion questions, each discussion questions needs to be between 125-175 words. Please include the questions with the responses in the completed work. Thanks.
What is the role of strategic planning in creating value for the organization? Provide an example of how a company uses strategic planning to create value for the organization.
What types of competitive strategies are the most effective? Will the same strategy work in most venues? Why or why not?
Choose two or more competitive strategies and compare why each strategy may be appropriate for different companies. For example, one company may use a low-price strategy while another may go for high quality.
Why do we want to create measurement devices early in the strategy process? How do metrics allow us to track the strategy process once it is implemented? How is environmental scanning helpful in choosing the appropriate metric guidelines to use?