MGT/498

500+ word count Discussing the strategic management process –

;Answer the following in your reply:

1. ; Describe the primary components of a strategic management process.

2. ; Indicate why a strategic management process is needed for a company to be successful.

3. ; Research 1 or more companies and describe the strategic management process that the company uses

Also comment on:

1. ; What is a strategic vision and why is it important to this process?

2. ; What is benchmarking and why do you think it is critical to do this in the strategic management process?

3. ; Why should an organization include social responsibility as part of their strategy management process?