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Course: Strategic Management Fundamental 1.Describe the function of vision and mission in the business process. 2.Explain your understanding about competitive advantage is the uniqueness that

Course: Strategic Management Fundamental

1.Describe the function of vision and mission in the business process.

2.Explain your understanding about competitive advantage is the uniqueness that makes you stand out of the crowd.

3.Illustrate how do you identify your competitive advantage that makes you chose your position in market in a right way.

4.Illustrate the importance of collecting and interpreting data and information of external environment.

5.Describe the practices a firm should use to adjust the external environment.

State the source, Thank you.

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