Identity and discuss the components and elements of strategic management as part of the Strategic Management Model (Gluck and Jaunch, 1984).
Formalities:
•Wordcount: 2000–2500words
•Please ensure you present your individual reportwith a title, an introduction, and a discussion of each of the five elements, followed by a conclusion.
•You should also provide a cover page, a table of contents, references and appendices. Kindly note these are excluded of the total wordcount.
•Font: Arial 12,5 pts.
•Text alignment: Justified.
•The in-text referencesand the bibliographyshall be presented using the Harvardcitation style.
It assesses the following learning outcomes:
•Outcome 1: Contextualize the strategic decisions organizations make in order to engage in strategic planning.
•Outcome 2: Analyze and explain the concepts, principles and practices associated with strategy formulation and implementation.
•Outcome 3: Demonstrate an understanding of thecomplexities of strategic management.
•Outcome 4: Conduct and present a credible business analysis in a team setting.
