A Strategic Management Plan addresses four different management functions: Environmental Scanning, Strategy Formulation, Strategy Implementation, Evaluation and Control. The Week 3, 4, and 5 Individual Assignments (Part 1, Part 2, and Part 3) are integrated to generate a Strategic Management Plan. This is Part 1 of the three part Strategic Management Plan. Assignment Steps Write a 1,050-word report in which you select a company you are familiar with or a company where you currently work, and do the following: Evaluate the internal and external environments of your selected company using an environmental scan. Analyze the competitive advantage of your selected company. Evaluate the strategies your selected company uses to create value and gain competitive advantage. Examine the measurement guidelines your selected company uses to verify its strategic effectiveness. Evaluate the effectiveness of the measurement guidelines your selected company uses. Cite 3 scholarly references, including at least one peer-reviewed reference from the University Library. Format your paper consistent with APA guidelines.
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