Name: Villanueva, Jeminah R.

Program, Year and Section: BSA – 2D

General Instructions:

● Answer the following Questions comprehensively and in accordance to our topics that
were discussed during respective presentations.
● Create your own answers and avoid copy paste.

ACTIVITY IN STRATEGIC MANAGEMENT # 1.1

Answer the following question with concise and comprehensive information.

1. Discuss in what strategic management and strategic planning are similar? And in what
ways they are two different?

In my opinion, strategic management and strategic planning are the same in a

way that business organizations use them to achieve their goals and to have the
competitive edge over competitors. On the other side, these two have also
differences. Strategic planning is a way of formulating ideas to set the direction of a
company towards success. It is an activity of gaining competitive edge and other
benefits where you consider both internal and external situations to analyze,
implement and adjusting strategies. While strategic management, it focuses on how
the company will achieve the direction they want to be. It’s a long on – going process
of reviewing and analyzing when are the plans, actions, and strategies are going to
be implemented to make your organization reach its long – term goals. Basically,
strategic management involves not just in planning and managing strategic plans
but also in executing.

2. What is the comparative advantage of having a Strategic Management versus Non-

Strategic Management in organization?

In Strategic Management, there’s always a direction to achieve the

organization’s mission and vision. There is a discipline where leaders and their
people will always have to step back to think for the betterment of the organization
not just in the present but also in the future. Strategic management considers the
organization’s internal and external situation to rightfully know where to allocate
resources, manage the plans, and adjust the strategies to attain a competitive edge
over its competitors. In other words, strategic management provides a framework
 for decision – making. On the other side, non – strategic management is the opposite
of strategic management. It puts an organization in an uncertain direction. There
are no concrete plans or strategies being made which is why an organization is more
prone to risks and instability. In this type of management, I think it’s hard to
achieve a competitive edge. Anyway, having strategic management is an advantage
for an organization because decisions and actions are being assessed and evaluated
to reach success.

3. How will you describe in your own words the “Reality of Dynamism? Cite examples
with pictures to prove why the environment is considered dynamic. (Must be
International scenario)
For me, the only thing that comes to my mind when I see “Reality of
Dynamism” is that changes are constant whether it’s positive or negative. It has
something to do with variability wherein the things happening around us are
continually changing that’s why risks are increasing and instability keeps on
experiencing. Economic changes, globalization, fortuitous events, changes in law,
technological innovations and political changes are among the factors that make the
environment dynamic.

COVID - 19

COVID – 19 Pandemic has caused massive disruption to companies around

the world where they are forced to formulate new business strategies to stay afloat.
They experienced a rapid transition that led them to resume their operations
digitally. It became hard for the companies to provide for the needs of the
consumers as it limits the workforce. Production and Operation became really hard
to conduct.
 Market Dynamic
In the world of business, trends keep on changing as well as the preferences or
the behavior of the consumers. With the changes, companies need to maximize their
resources and adjust their strategies to meet and satisfy the needs of the customers.

Globalization

In my opinion, globalization is the main reason why our environment is

considered dynamic. For purposes of a business, it increases market competition
wherein companies are forced to adjust their strategies and adapt to the challenges.
The market and economy of a state will experience changes as its welcomes new
competitors.