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...L e a r n i g o u t follow this learning outline as you read and study chapter the importance of strategic management define strategy business model explain why is important process list six steps in describe what managers do during external internal analyses role resources capabilities core competencies strengths weaknesses opportunities threats prentice hall inc all rights reserved cont d types organizational strategies three major corporate discuss bcg matrix how it s used competitive advantage level porter five forces generic rule today environment flexibility applying techniques organizations might use to become more customer oriented be innovative develop organization decisions actions that determine long run performance an design for company intends profit from its work processes activities focuses on two things whether customers will value providing can make any money doing...