Week 2: Interactive Activity Content Introduction ­­­­­­­­­­­­2.1. Learning Ou

Week 2: Interactive Activity

Content Introduction
­­­­­­­­­­­­2.1. Learning Outcomes
1. Recognize the basic concepts and terminology used in Strategic Management.

2.2. Reading
Required
Chapter 1. Basic Concepts of Strategic Management
Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

Recommended
Colin. W (2004). Strategic Management. Palgrave MACMILLAN. Retrieved from http://dr-ama.com/wp-content/uploads/2013/10/Strategic-Management.pdf

2.3. Test your knowledge (Max 100 words for every question)
Question 1
Why are strategic decisions different from other kinds of decisions?
Question 2
When is the planning mode of strategic decision-making superior to the entrepreneurial and adaptive modes?
2.4. Instructions
Answer both questions in the test your knowledge section.
Post your answer in the discussion board using the discussion link below (week 2: interactive learning activity).