How can a decision maker identify strategic factors in a corporation’s external international environment?

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Learning Goal: I’m working on a management discussion question and need an explanation and answer to help me learn.General Instructions – PLEASE READ THEM CAREFULLY The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.Assignments submitted through email will not be accepted.Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.Students must mention question number clearly in their answer.Late submission will NOT be accepted.Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).Submissions without this cover page will NOT be accepted. Learning Outcomes:Recognize the basic concepts and terminology used in Strategic Management. ClO-1
Describe the different issues related to environmental scanning, strategy formulation, and strategy implementation in diversified organizations. ClO-2
Demonstrate how executive leadership is an important part of strategic management. ClO-5
Assignment Question(s):A.Discussion questions1.How can a decision maker identify strategic factors in a corporation’s external international environment? (2 marks)2.Discuss the relationship between corporate governance and social responsibility? Give examples. (2 marks)B.Critical thinkingReview the figure 4-3, p.110 from your textbook and answer the following questions:1.Choose any example of industry from the real national or international market, and detail Porters’ five forces framework with a graphic representation. (2.5 marks)2. According to Porter’s framework, what determines the level of competitive intensity in your chosen industry? (1.5 marks)3.Assess the threat of new entrants, and substitute products/ services for your chosen industry. (1 mark) Is your chosen industry attractive for investment? Why or why not? (1 mark)
Requirements: 8 HOURS

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