A strategic management plan addresses four different management functions: environmental scanning, strategy formulation, strategy implementation, evaluation and control. Evaluate the internal and external environments of a company. Analyze the competitive advantage of the selected company, to evaluate a set of suitable strategies, and to examine appropriate metrics. A Strategic Management Plan addresses four different management functions: Environmental Scanning, Strategy Formulation, Strategy Implementation, Evaluation and Control.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 references
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