What is strategy? Michael Porter explains common misunderstandings.
Week 1 – Discussion Video (access this link)
View the video and post the answers to the two questions, in one post, listed below in the Week 1 Use course materials to support your opinion, reasoning and conclusions.
1. What is the difference between emphasizing “best” versus a “need” based business approach when considering organizational strategy?
2. How can “destructive competition” have a negative impact on strategic development and implementation, and what is the solution?
Completing the Discussion
Include a response that contains a minimum of 300 words. Base the narrative in your discussion response on the course material included in the Week 1 reading list (That you identify as relevant to your arguments, and response). Please do not be afraid of fully developing your response. Avoid emphasizing the minimum word count, and develop the response to include an inclusive and robust narrative on the questions outlined.
Read the grading rubric for the project. Use the grading rubric while completing the project to ensure all requirements are met that will lead to the highest possible grade.
Third person writing is required. Third person means that there are no words such as “I, me, my, we, or us” (first person writing), nor is there use of “you or your” (second person writing). If uncertain how to write in the third person, view this link: http://www.quickanddirtytips.com/education/grammar/first-second-and-third-person.
Contractions are not used in business writing, so do not use them.
Paraphrase and do not use direct quotation marks. Paraphrase means you do not use more than four consecutive words from a source document, but put a passage from a source document into your own words and attribute the passage to the source document. Not using direct quotation marks means that there should be no passages with quotation marks and instead the source material is paraphrased as stated above.
Provide the page or paragraph number when using in-text citations. Note that a reference within a reference list cannot exist without an associated in-text citation and vice versa.
You may only use the course material from the classroom. You may not use books or any resource from the Internet.
Self-Plagiarism: Self-plagiarism is the act of reusing significant, identical or nearly identical portions of one’s own work. You cannot re-use any portion of a paper or other graded work that was submitted to another class even if you are retaking this course. You also will not reuse any portion of previously submitted work in this class. A zero will be assigned to the assignment if self-plagiarized. Faculty do not have the discretion to accept self-plagiarized work.
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Chapter_1Mastering_Strategy-2.pdf
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Chapter2Leading_Strategically.pdf