Please answer the following 3 part essay question below 3-5 pages: Please develop logical thoughts and augments that concretely demonstrate your mastery of the "Concept(s)/Section" and use of the knowledge. Note a "Concept(s)/Section" of text means a part of any book that explains the entire phenomenon in the eBook or books, slides, and/or explanation by the book's author(s), your professor, and your experience (school/life/work/companies you see in reality) about 'Strategic Management'. Then once you have (1) explained the "Concept(s)/Section", (2) give a few examples of how it (the "Concept(s)/Section" you chose) works in reality (how you see it or understand it), and (3) the use of your knowledge in the future (in the world of business/life). The three-part question is below!

Choose a "Concept(s)/Section" of our knowledge in any of the books provided (books, slides, eBook or your professor) and explain (1) how you understand the concepts you choose to discuss from the "Concept(s)/Section" of the book (any strategic management book). Then (2) give an (or some) example(s) of how you see the "Concept(s)/Section" at work in reality (use examples of real companies or life). Finally, how (3) will you leverage your new knowledge and understanding of this "Concept(s)/Section" (business phenomenon) to benefit you in the real business world (or in your life or your current or future business life)? Note our main book is David, David, and David (but, feel free to find your "Concept(s)/Section" to use for your essay in any of the Strategy books below):

Foundations of Strategic Management, Jeffrey S. Harrison (Cornell University) & Caron H. St. John (Clemson University)

Strategy, Arthur A. Thompson (The University of Alabama)

Strategic Management, David, David and David

Strategic Management, Charles W. L. Hill/Melissa A. Schilling