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Relating to the Real World (150 Points) As much as it is important to understand the fundamental theories and concepts of Business Strategy, this class also focuses on applying the theoretical perspective to understanding real world phenomena

Management Feb 23, 2021

Relating to the Real World (150 Points) As much as it is important to understand the fundamental theories and concepts of Business Strategy, this class also focuses on applying the theoretical perspective to understanding real world phenomena. By researching a real world case on one of the topics that are covered during that week’s lecture, we will bring textbook material to greater relevance in the business world we are in. 1. This is an individual assignment. You will pick a chapter of the textbook that you would like to do the assignment on. Then pick an article that covers an event or a case and is a good demonstration of the concepts or theories discussed in that textbook chapter. You may want to begin by looking at the chapter’s core concepts in bold print letters or some of the key theories introduced in the chapter. Articles in business magazines such as Fortune, Bloomberg Businessweek, Financial Times, Forbes, The Economist or others may be used. Make sure the article you choose is dated August 1, 2016 or sooner in order to keep yourself more up to date on business affairs. If needed, you may reference several articles that are covering the same event/issue to obtain a more complete picture. 2. Write a 2-page report both summarizing the article and, more importantly, explaining how the article demonstrates core concepts or theories in the textbook. How is the article of your choice relevant to what we are learning in Business Strategy? You must demonstrate that you have a thorough understanding of the relevant concept/theory and explain the connections of the article to the teachings of the textbook. More specific grading details can be found in the Assignments area in Canvas.

 

Required Reading and Textbook(s): We are using the 8th Edition of the text Strategic Management by Dess, McNamara, and Eisner. The ISBN is 9781259278211. A student of this institution is not under any obligation to purchase a textbook from a university affiliated bookstore. The same textbook may also be available from an independent retailer, including an online retailer. 2. A properly configured computer, per the previous technology requirement

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