Identify and Explain the
External Competitive Forces that your organization should take into account for
strategy formulation
Using:
a. This
week’s Topic Overview – , The External Environment,
b. De Kluyver,
CA, & Pearce,JA 2015, Strategic Management: An Executive Perspective,
Business Expert Press,New York., Chapters 3 & 4De Kluyver, CA, &
Pearce,JA 2015, Strategic Management: An Executive Perspective, Business Expert
Press,New York., Chapters 3 & 4
c. Porter
M.E. 2008. The Five Competitive Forces ThatShape Strategy, Harvard Business
Review86(1), 80–86.
d. Isabelle,
D., Horak, K.,McKinnon, S., & Palumbo, C. 2020. Is Porter’s Five Forces
Framework StillRelevant? A study of the capital/labour intensity continuum via
mining and ITindustries. Technology InnovationManagement Review, 10(6), 28-41.
e. Vrontis,
D., & Pavlou, P.(2008). The external environment and its effect on
strategic marketing planning: a case study for McDonald’s. Journal for
International Business and Entrepreneurship Development, 3(3-4),289-307.
as well as other
academic/scholarly articles, identify and explain the main stages of the
strategy formulation and execution process.
Along with the recommended
readings included in this week’s section, support your paper through citing a
minimum of five (5) sources. In addition to the above mentioned sources, other
appropriate scholarly sources may be used.
Length: 1000 words not
including title and reference pages.
Your essay should reflect
scholarly writing and APA Referencing standard. Be sure to adhere to Academic
Integrity Policy by avoiding plagiarism through text citing and acknowledging
other author’s work.