SM-Course Outline-MBA 10 Term 3
SM-Course Outline-MBA 10 Term 3
Introduction
The field of strategic management deals with the major intended and
emergent initiatives, taken by the general managers on behalf of
owners, that involve utilization of some resources to enhance the
performance of firms in their external environment. Performance, within
the conversation of strategic management, deals with superior returns
on investments. Superior returns are measured with respect to the
firm’s (i) past performance, (ii) competitors and (iii) benchmark indices.
The issue of superior returns is addressed by raising two critical
managerial questions namely,
Session Plan