Business Finance Homework Help

I’m working on a business question and need an explanation and answer to help me learn.

Discuss the elements of strategic management and explain why it is crucial to an organization’s survival. Excluding the examples from the textbook, give an example of a company that failed as a result of poor strategic management. Explain the difference between a strategy and a business model. Please discuss in 200-250 words.

Required Resources

Text

Abraham, S. (2012). Strategic management for organizations. Retrieved from https://content.uagc.edu/

• Chapter 4: External Environmental Analysis
• Chapter 5: Assessing the Company Itself