mgt401 - pleas answer

Content Introduction 2.1. Learning Outcomes 1. Recognize the basic concepts and terminology used in Strategic Management. 2.2. Reading Required Chabter 1. Basic Concepts of Strategic Management - Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., \& Bamford, C. E. (2014). Concepts in strategic management and business policy (14 th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text) Recommended Colin. W (2004). Strategic Management. Palgrave MACMILLAN. Retrieved from http://dr-ama.com/wpcontent/uploads/2013/10/Strategic-Management,pdf 2.3. Test your knowledge (Max 100 words for every question) Question 1 Why are strategic decisions different from other kinds of decisions? Question 2 When is the planning mode of strategic decision-making superior to the entrepreneurial and adaptive modes