CountCobraMaster240 FIRST WEEK HOMEWORK Directions: Drawing on the course text and…FIRST WEEK HOMEWORKDirections: Drawing on the course text and additional research to strengthen your critical analysis and responses to complete the following sections of the assignment.The task consists of three sections:Section 1:Answer the following question:Explain in your own words the three elements of strategic management – Compare strategy as plan and strategy as action.Section 2: (The course text material is attached in a zip file)Case: ¨Emerging markets – evolution of Microsoft’s strategy in China¨ – p. 27 – 28 and 29 of the course text.Read the case and answer the questions posed at the end of it Image transcription text2. Use the Strategy Tripod to discuss the challenges the CEO of amultinational company in an emerging economy would face wheninternationalizing his company. Present your analysis i… Show more… Show moreImage transcription textpage 28.jpeg 28 PART 1 GLOBAL STRATEGY FUNDAMENTALSTo ensure that the changes were gradual, in beneplato Microsoft,by requiring that only legal 1998 Gates visited Beijing … Show more… Show moreImage transcription text4. www.guardian.co.uk: 5) Microsoft, 2006, Microsoft at 3. Fromthe institution-based view, what are the China,www.microsoft.com; 6) South China Morning Post. mo… Show more… Show moreSection 3: (The course text material is attached in a zip file)Using your course text read the opening case ¨IBM in its Centennial¨ in chapter 3 page 63 to page 70 (Resources, Capabilities and the Value Chain)  Answer the following question:Explain the value chain and then explain how the value chain can help the analysis of the strategic position of an organization.Explain the strategic perspective or vision based on resources – “what is the threshold resource” Image transcription textQtor v page 63.jpeg OPENING CASE IBM in its centenaryInternational Business Machines (popularly known BM pioneeredthe industry that is now called as IBM, and more affect… Show more… Show moreImage transcription text+ GB PART 1 GLOBAL STRATEGY FUNDAMENTALS in theplant”. Figure 3.3 introduces a reference model to reviewthis question, whose answer is written as 1) if an activi… Show more… Show moreImage transcription textResources, capabilities and the value chain If a company is acollection of resources and capabilities, how are they grouped toadd value? An analysis of the value chain allows answe… Show more… Show moreImage transcription textChapter 3 Use of resources and capabilities 67 On one level, thisis not surprising. Considered an encyclopedic foundation on theusual clergy, and as one of the best hotels in the world,… Show more… Show moreImage transcription text” FUNDAMENTALS OF GLOBAL STRATEGY The ordinary heroesof the Taj 26 November 2008 Unlever hosts dinner at T MahalPalace hotel, Mumbal Unilever executives, senior exec… Show more… Show moreImage transcription textChapter 3 Use of resources and capabilities a TABLE 3.1 Examplesof Resources and Capabilities All companies, even the smallestones, have diverse resources and capabilities. How ca… Show more… Show moreImage transcription textPreview O page 64.jpeg a 64 PART 1 FUNDAMENTALS OFGLOBAL STRATEGY (Continued) OPENING CASE is exactly? Theanswers to this crucial question are Fuentes: Con base… Show more… Show more BusinessBusiness – Other