Bryan Jay Manseguiao

Task 1
1. Strategic management as a tool for Innovation.
Strategic innovation tools eliminate tacit, implicit, and explicit knowledge borders between
people. When tacit and implicit knowledge is more easily made explicit, knowledge transfer
among and across many stakeholders with varying levels of experience in the nautical
environment is facilitated.

2. Strategic management as a scheme of Business Operation.

Strategic management strategies assist businesses in finding direction and growing through a
process of assessment, evaluation, and development that can help to define new corporate goals,
create acceptable and doable objectives, and help organizations regain a competitive advantage.

3. Strategic management as a tool of Competitive Advantage.

Strategic management for competitive advantage is a method of gaining a competitive
advantage in the short and/or long term. It could be a direct or indirect strategy for improving the
performance of an organization. These companies operate in the public, semi-public, and private
sectors.

4. Strategic management as a tool of Adapting Changes in the Market.

Strategic adaptability is the capacity to act swiftly when unexpected changes in the external
and internal business environment occur. Many businesses carefully organize their operations to
ensure success. Long-term viability is frequently correlated with flexible planning by businesses.

Task 2: