Strategic Management/ Business Policy. Power Point Set #1 EMBA 544. The Wisdom of Choice:. “To try and fail is at least to learn; to fail to try is to suffer the inestimable loss of what might have been.” Chester Barnard, The Functions of the Executive. What Is Strategic Management About?.
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Power Point Set #1
CompetitorsStrategy Relates A Business To Itself and Its Competitive Environment
OrganizationThe Role of Strategy In Business is to Generate and Sustain Value via the Linkages Between Position, Resources, and Organization
Corporate - General Electric
Business - Home Appliances
Functional - e.g., Production