Buss 249 Chapter Summary Notes (Chapter 1 -5)

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The paper provides chapter summaries for Buss 249. The following chapters are covered:

Chapter 1: what is strategy and why is it important?:

Chapter 2: The strategic Management Process

Chapter 3: External Analysis: Industry Structure, Competitive Forces, and Strategic Groups

Chapter 4: Internal Analysis: Resources, Capabilities, and Activities

Chapter 5: Competitive Advantage and Firm Performance:

24 pages

Study Tips 101: Visual learners
learn by seeing. If you’re a visual learner you could use colours in your notes and draw diagrams to help represent key points. You could try to remember some ideas as images.