Planning a Future for Metro Mercy 2 Page Essay Strategic Management

Week #2: Homework Assignment

READ: Chapter 4, 5, 6

STUDY: Case Study 4.3, Planning a Future for Metro Mercy

WRITE: Based on the case study and considering topical knowledge derived from this week’s textbook and lecture material, write a two-page essay exploring strategic management. Ensure to address in your paper the following key areas: 1. Describe the basics of a corporate strategy and the four basic corporate strategy types, 2. Describe the basics of business strategy and the three different types of business strategy, 3. List and define the three major phases of the strategic management process.