Why is strategic management important for a corporation’s competitive advantage

Assignment Question(s): (2.5 marks for each question)

  1. Why is strategic management important for a corporation’s competitive advantage?
  • How does strategic management typically evolve in a corporation? Give examples
  • Why does a corporation need a board of directors?  What is the relationship between corporate governance and social responsibility? Give examples from the actual market.
  • Choose any corporation from the Saudi market and discuss the forces driving its industry competition (review chapter 4-slide 18).   

Notes:  

  • Your answers MUST include at least four scholarly peer-reviewed references, using a proper referencing style (APA). Remember that these scholarly references can be found in the Saudi Digital Library (SDL).
  • Make sure to support your statements with logic and argument, citing all sources referenced. 
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