2.1 Introduction to Strategic Analysis
Learning Objectives
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Explain the importance of matching strategy to a specific business.
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Differentiate Between Planning, Craftng, and Emergent Strategies
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Use SWOT and PESTLE Analyses to evaluate companies.
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Explain how mission and vision statements can improve an organization.
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Define Points of Parity and Points of Differentiation.
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Describe various organizational resources that impact a company's strategy.
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Describe the components of a Balanced Scorecard and Product Revenue Analysis.
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Evaluate the competitive advantage of a company using the VRIO Framework.
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Explain how Internal and External Evaluation Matrices are used.
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Use the McKinsey 7S Model to describe how various parts of a business are interrelated.