Management Policy and Strategy

MT460 Management Policy and Strategy

Throughout your personal school and academic life school you have been exposed to the concept of strategy in many ways. From career growth to personal finance and business planning school the concept of strategy can be confusing school vague school and seemingly impossible to master. In this exercise school you will conceptualize the meaning of strategy by explaining how it’s used in a management capacity school and what is to be gained in its application from a real world perspective. To develop school actualize and communicate a deep understanding for the meaning of strategy school execute the requirements below in a 500 word (minimum) essay Subscribe
Discussion Topic: Strategy Research
Throughout your personal, professional, and academic life, you have
been exposed to the concept of strategy in many ways. From career
growth to personal finance and business planning, the concept of
strategy can be confusing, vague, and seemingly impossible to master.
In this exercise, you will conceptualize the meaning of strategy by
explaining how it’s used in a management capacity, and what is to be
gained in its application from a real world perspective. To develop,
actualize and communicate a deep understanding for the meaning of
strategy, execute the requirements below in a 500 word (minimum)
essay, due no later than the last day in Unit 1.
 Explore the library video resources. Watch a minimum of five videos to
develop perspective on the subject of strategy and its importance to
business.
 Develop a thesis statement to conceptualize the purpose of strategy in
business, explain why and how leaders and/or managers use it to gain
competitive advantage.
 Analyze and explain the process for formulating business strategy.
 Critically evaluate the purpose of the organizational vision, mission,
purpose, philosophy, and goals of a business.
 Analyze and explain how the management strategy hierarchy leads to
competitive advantage.
 As a result of business strategy, explain the pro’s and con’s of cost and
differentiation types of competitive advantage.
 Use examples to relate theories, principles, and concepts to real world
application of strategy in business and industry.
 Use a minimum of three peer-reviewed, scholarly research resources
to substantiate your critical thinking, and to provide viable reasoning for
your perspectives.
 Use expository writing style and apply proper APA style referencing
format.