Explain 4 of the following elements of the Strategic Management Process writing not more than 400 words on each stage:
- Position Statement, Mission and Vision
- Internal Analysis
- External Analysis
- Product or Service Life Cycle and Value Chain
- Portfolio Analysis
- The Balanced Scorecard
- Strategic Alternatives
- Criteria for Effective Strategies
The explanations must contain multiple academic citations and an alphabetical list of references used in ‘Harvard Style’ at the end of each explanation evidencing the supplementary reading and research which you have undertaken to complement the materials provided in the module lectures and workshops.