{"id":35605,"date":"2024-06-10T20:20:52","date_gmt":"2024-06-10T20:20:52","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/strategy-formulation-and-strategic-thinking-discussion-thread-competitive-approach-competitive-scope-and-decision-models\/"},"modified":"2024-06-10T20:20:52","modified_gmt":"2024-06-10T20:20:52","slug":"strategy-formulation-and-strategic-thinking-discussion-thread-competitive-approach-competitive-scope-and-decision-models","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/strategy-formulation-and-strategic-thinking-discussion-thread-competitive-approach-competitive-scope-and-decision-models\/","title":{"rendered":"Strategy Formulation and Strategic Thinking  Discussion Thread: Competitive Approach, Competitive Scope, and Decision Models"},"content":{"rendered":"<p>&nbsp;<\/p>\n<ul>\n<li><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/canvas.liberty.edu\/courses\/633203\/modules\/items\/66635606\" title=\"Read: Gamble, Peteraf, &amp; Thompson: Chapters 5 \u2013 8\"><strong>Read: Gamble, Peteraf, &amp; Thompson: Chapters 5 \u2013 8<\/strong><\/a><\/li>\n<li>Page<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/canvas.liberty.edu\/courses\/633203\/modules\/items\/66635615\" title=\"Watch: Using ERIC for Research\"><strong>Watch: Using ERIC for Research<\/strong><\/a><\/li>\n<\/ul>\n<p>&nbsp;&nbsp;&nbsp;<\/p>\n<p><strong>Discussion Thread: Competitive Approach, Competitive Scope, and Decision Models<\/strong><\/p>\n<p>Deciding on a competitive approach for the company is critical to the process of developing a company\u2019s strategy. Careful consideration must also be given to the company\u2019s competitive scope. Decision models continue to impact strategy development and should continuously be evaluated, and others considered.<\/p>\n<p>Minimum of 500 words in the body.<\/p>\n<p>Minimum of 2 sources from the literature in addition to course texts.<\/p>\n<p>Use bolded headings below in the discussion.<\/p>\n<p>Current APA format must be used.<\/p>\n<p>Use the following outline:<\/p>\n<p>\u00b7 <strong>Introduction<\/strong><\/p>\n<p>\u00b7 <strong>Process: Deciding on a Competitive Approach <\/strong>\u2010 What is the process for deciding on a competitive approach? Discuss the process for deciding on a competitive approach in no less than 200 words.<\/p>\n<p>\u00b7 <strong>Strategic<\/strong> <strong>Thinking:<\/strong> <strong>Determining Competitive<\/strong> <strong>Scope<\/strong> \u2010 What is competitive scope and why is it important to business strategy? Discuss competitive scope and why it is important to business strategy using the two subheadings below in no less than 200 words.<\/p>\n<p>\u00b7 <strong>Geographic<\/strong> <strong>Scope<\/strong><\/p>\n<p>\u00b7 <strong>Production \/ Distribution Scope<\/strong><\/p>\n<p>\u00b7 <strong>Decision Model<\/strong> &#8211; no less than 100 words<\/p>\n<p>\u00b7 How do my decision models aid \/ hinder the process of deciding on a competitive approach and why? Discuss how and why your decision model(s) aid \/ hinder the process of evaluating environment.<\/p>\n<p>\u00b7 What other decision models are being considered and why? Discuss what models you are considering using as a better choice and why.<\/p>\n<p>\u00b7 &nbsp;<\/p>\n<p>\u00b7 <strong>Conclusion<\/strong><\/p>\n<p>Support your factual assertions with citations.<\/p>\n<p>Include an Annotated Bibliography, in current APA format, of the 2 additional Sources:&nbsp;<\/p>\n<p>\u00b7 Minimum of 250 words in each annotation<\/p>\n<p>\u00b7 Use the bolded headings below for each annotation<\/p>\n<p>Use the following outline:<\/p>\n<p>\u00b7 <strong>Summary of Key Points<\/strong><\/p>\n<p>\u00b7 <strong>Evaluation of the Quality of the Publication&nbsp;<\/strong><\/p>\n<p>\u00b7 <strong>Evaluation of the Quality of the Author(s)&nbsp;<\/strong><\/p>\n<p>\u00b7 <strong>Where this fits into the discussion<\/strong><\/p>\n<p>Deciding on a competitive approach for the company is critical to the process of developing a company\u2019s strategy. Careful consideration must also be given to the company\u2019s competitive scope. Decision models continue to impact strategy development and should continuously be evaluated, and others considered.<\/p>\n<p>For your main thread, perform the following:<\/p>\n<ol>\n<li>Discuss the process of deciding on a competitive approach.<\/li>\n<li>Discuss competitive scope and its importance to business strategy.<\/li>\n<li>Discuss your current decision model(s) and others that are being considered.<\/li>\n<li>Develop an Annotated Bibliography for the additional references used in your discussion.<\/li>\n<li>Support all of your factual assertions with citations.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Read: Gamble, Peteraf, &amp; Thompson: Chapters 5 \u2013 8 PageWatch: Using ERIC for Research &nbsp;&nbsp;&nbsp; Discussion Thread: Competitive Approach, Competitive Scope, and Decision Models Deciding on a competitive approach for the company is critical to the process of developing a company\u2019s strategy. Careful consideration must also be given to the company\u2019s competitive scope. Decision [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[210],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/35605"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=35605"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/35605\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=35605"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=35605"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=35605"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=35605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}