Pick any corporation you are familiar with and identify one of the competitive tactics it uses from this week’s reading “Formulating Strategy.” Analyze the competitive tactic it uses. Consider its internal and external environment using any of the strategic management tools in the course (SWOT, PEST, 5 Forces). Synthesize (develop a new idea) for a competitive tactic it should attempt.
Prepare a two page (double-spaced) essay. The paper should be 12-point font, Times New Roman, be at least 500 words, and include a final source list.
Consider the following questions for reflection:
Consider “Some troublesome strategies to avoid or use with caution” from the reading for this unit. In your personal life, have you seen any examples of these? What might have been better strategies?
Please write an essay of complete and well composed paragraphs (250 word minimum for the entire essay) Be sure to use in text citation and provide references for your sources. Wikipedia is not a source.
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