Topics covered $-$

the five steps of the strategic$-$management process $5$ steps.. $1.$ Establish the mission, vision and value statements, $2.$ Assess the current reality, $3.$ Formulate corporate, business, and functional strategies $4.$ Strategic implementation, $5.$ Maintain strategic control

SWOT analysis, VRIO analysis, BCG Matrix

Three methods of corporate$-$level strategy $1.$ The growth strategy $2.$ The stability strategy, $3.$ The defensive strategy

Porter$$s Five Competitive Forces$1.$ Threats of New Entrants $2.$ Bargaining power of suppliers, $3.$ bargaining power of buyers, $4.$ Threats of substitute products or services $5.$ Rivalry among competitors

Porter$$s Four Competitive Strategies $1.$ Cost leadership strategy: keeping costs and prices low for a wide market $2.$ Differentiation strategy: offering unique and superior value for a wide market $3.$ Cost$-$focus strategy: keeping costs and prices low for a narrow market $4.$ Focused$-$ differentiation strategy: offering unique and superior value for a narrow market

Formal communication channels: up$,$ down, sideways and outward

Approaches to innovation $($improvement$,$ new directions, product, process$)$

Questions to answer

Key Concepts and Themes: Identify and discuss the key concepts, themes, and theories that have been covered in the course so far. How have these concepts interplayed and contributed to your understanding of different business aspects?

Application and Real$-$World Relevance: Reflect on the practical applications of the knowledge you've acquired. How might the concepts learned in the classroom be relevant to real$-$world scenarios, current events, or your future career?

Connections and Insights: Explore any connections you've made between different topics or concepts. Have you gained any new insights or perspectives by examining these ideas in relation to each other?

Personal Insights and Growth: Reflect on your personal growth as a business student. Have you gained new perspectives, skills, or insights that you can apply beyond the classroom?