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MGMT 201 Week 1 Discussion
MGMT 201 Week 1 Discussion
March 2, 2022
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MGMT 201 Week 2 Discussion
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MGMT 201 Week 1 Discussion 1

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MGMT 201 Week 1 Discussion 1:Competitive Advantage, Strategic-Management, and Groupthink

Description

MGMT 201 Week 1 Discussion 1:Competitive Advantage, Strategic-Management, and Groupthink

Overview

Do some research and answer the following critical thinking questions from this week’s readings. In your analysis, cite a minimum of three (3) references from different sources (the textbook can be one source).Woman holding a pencil looking at computer monitor.

  1. Apply the VRIO framework to assess whether your current employer or a previous one has a sustainable source of competitive advantage.
  2. Describe the five steps of the strategic-management process. Which step of the strategic-management process do you believe is the most important? Defend your position.
  3. Discuss why groupthink is dangerous and from your experiences identify some best practices you witnessed or used to help employees or colleagues avoid falling victim to groupthink. In the workplace, how does groupthink affect how decisions are made and the outcomes from those decisions in the organization?

Your submission should be a minimum of two (2), double-spaced, full pages of analysis with proper reference citation per current APA guidelines.

 Academic Integrity

Upon submission, your assignment will automatically be evaluated through Turnitin. Your paper will be checked against a database of millions of written works and provide feedback on originality. You may view your originality report; however, you will not be permitted to submit your paper a second time. Ensure your work is entirely your own and cite your sources, if applicable!

    Submission

Save your assignment using a naming convention that includes your first and last name and the activity number or description. Do not add punctuation or special characters to the file name. Submit your completed assignment as an attachment to your instructor through this activity.

Review the evaluation rubric for detailed grading criteria.

 

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