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Discussion 2 (1)

Discussion 2 (1)

Q Prompt 1: If you had to recommend one of the articles defining strategy, which one would it be? Why? What other insights into strategy are added by the other authors? Prompt 2: After reading the two articles on business models by Magrett and Johnson et al, find and contrast the business models of two companies. Defining Strategy Articles...if the copies of the articles are not clear enough, you can use the library database to get a better copy. 5 Ps .pdf Deliberate and Emergent Strategy Article-Strat Eisenhardtrr.pdf Strategy Business Model Articles Discussion Board 2 Business Models Matter 1 of 2.pdf Discussion Board 2 Business Models Matter 2 of 2.pdf

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If I had to recommend, I would definitely choose the 5Ps strategy. This strategy has the ability to give valid outcomes in the present day business scenario. This strategy can help to execute a plan successfully and get positive results in less time. First P of this strategy is plan. It is known to all that planning is the most important step for any business. Actually, not only for business, planning is the base of everything. Lack of proper planning can ruin the overall quality of work. Management of a company needs to go through proper planning from the very beginning.