Consider the roles of internal and external stakeholders and consider the following projects: A municipal airport is considering letting larger planes land at its facilities. This will bring added tourism but also more noise and pollution.

Identify the possible internal and external stakeholders who could be partners for the project. Propose two committees, which would be part of a strategic management process, to address the opportunities and costs of the project. Articulate how you would integrate the external stakeholders into the strategic management process and how you would keep stakeholders informed. Based on your analysis, propose an optimal solution. Submit a 2-page paper (exclusive of any cover or reference pages) addressing the above questions.

The text for this course, Strategic Management, provides the foundation for many of the concepts in the course. It will be supplemented with other material to provide further explanation or more detailed information. In this week, the following readings provide an introduction to strategic management. Kennedy, R. (2020). Strategic management. Virginia Tech Publishing. https://vtechworks.lib.vt.edu/handle/10919/99282 This book is licensed under a Creative Commons BY-NC-SA 3.0 Attribution-NonCommercial-ShareAlike CC BY-NC-SA license.

Read Chapter 1 Fernado, J. (2021, August 19). Stakeholder. https://www.investopedia.com/terms/s/stakeholder.asp

Introduction This unit introduces basic concepts of strategic management. The material addresses the idea of strategy and its applications as partof an inclusive process. The first chapter of the text provides an overview of strategy as a process throughout the ages, and a readingon the difference between stakeholders and partners concludes the content.