Description
By (author) David, Fred R; By (author) David, Forest R.; By (author) David, Meredith E.
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Strategic Management: A Competitive Advantage Approach, Concepts and Cases shows you how to gain and sustain a competitive advantage in today”s complex business world. The text helps you develop your own cutting-edge strategy through skill-developing exercises. It also offers coverage on issues related to ethics, social responsibility, global operations, and sustainability.
The 18th Edition features updated research, cases and examples. As a result, you”ll be able to effectively create and implement a plan that can lead to a sustainable competitive advantage for any type of business.
Table of contents:
PART 1: OVERVIEW OF STRATEGIC MANAGEMENT
- The Nature of Strategic Management
- The Cohesion Case: McDonald’s Corporation
PART 2: STRATEGY FORMULATION
- Business Vision and Mission
- The External Assessment
- The Internal Assessment
- Strategies in Action
- Strategy Analysis and Choice
PART 3: STRATEGY IMPLEMENTATION
- Implementing Strategies: Management and Marketing Issues
- Implementing Strategies: Finance and Accounting Issues
PART 4: STRATEGY EVALUATION AND GOVERNANCE
- Strategy Evaluation and Governance
PART 5: KEY STRATEGIC MANAGEMENT TOPICS
- Business Ethics, Environmental Sustainability, and Corporate Social Responsibility
- Global and International Issues
PART 6: STRATEGIC MANAGEMENT CASE ANALYSISHow to Prepare and Present a Case Analysis
New feature:
New and updated features of this title
- 30 NEW: Cases help students evaluate the internal operations and external issues facing companies like AirBnb, Uber, Tesla and Apple. They also craft strategies that can lead these firms to success.
- NEW: 35% of the material has been updated, including discussions and examples on diversity, equity, and inclusion (Ch. 1); business vision and mission statements (Ch. 2); 5-Forces Analysis (Ch. 3); SWOT Analysis (Ch. 6); target marketing, segmentation, and positioning analyses (Ch. 7); the latest financial and accounting tools (Ch. 8); new trends in governance (Ch. 9); and cultural SM differences across countries (Ch. 11).
- NEW: End-of-Chapter Assurance of Learning Exercises have students apply chapter concepts to the cohesion case on McDonald”s, helping them improve their case analysis skills. Twenty-eight of the 64 exercises are new.
- NEW: 11 End-of-Chapter Mini Cases and Questions bring the chapter contents to life and feature relevant companies like Ford, Microsoft and Macy”s.
- NEW: Strategist, Global, and Ethics Capsules illustrate people demonstrating exceptional SM skills; the relevance of material to global operations, issues, and conditions; and good ethics across all aspects of the SM process.
- NEW: 471 Review Questions assess students” understanding of the chapter”s learning objectives.
Feature:
Hallmark features of this title
- A strategic management (SM) model, in all chapters and on the inside back cover, shows students how to apply SM concepts.
- Chapter-Opening Learning Objectives indicate what students should know after reading the chapter.
- Chapter Warm-up Assessments hold students accountable for reading and demonstrating their knowledge of key concepts.
- A Concepts-by-Cases Matrix facilitates student learning of 30 key concepts applied to 30 cases. These cases show companies that are employing effective strategic management.
- The text meets all AACSB International guidelines and sup






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