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Strategic Management

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Strategic Management (2020) is a 343-page open educational resource designed as an introduction to the key topics and themes of strategic management. The open textbook is intended for a senior capstone course in an undergraduate business program and suitable for a wide range of undergraduate business students including those majoring in marketing, management, business administration, accounting, finance, real estate, business information technology, and hospitality and tourism. The text presents examples of familiar companies and personalities to illustrate the different strategies used by today’s firms and how they go about implementing those strategies. It includes case studies, end of section key takeaways, exercises, and links to external videos, and an end-of-book glossary. The text is ideal for courses which focus on how organizations operate at the strategic level to be successful. Students will learn how to conduct case analyses, measure organizational performance, and conduct external and internal analyses. If you are an instructor reviewing, adopting, or adapting this textbook, please help us understand your use by filling out this form http://bit.ly/strategy-interest How to Access this Book This text is available in multiple formats including PDF, a low-resolution PDF which is faster to download, Open Document Format (ODT), and ePub. It is also available online in Pressbooks at https://pressbooks.lib.vt.edu/strategicmanagement. Softcover print on demand options are available in color interior (https://www.amazon.com/dp/1949373940) or black & white interior (https://www.amazon.com/dp/1949373894). The main landing page for this book is: https://doi.org/10.21061/strategicmanagement. Attribution This textbook was adapted for use in Virginia Tech’s Pamplin College of Business capstone course, MGT 4394 Strategic Management, and is shared under a Creative Commons Non-Commercial ShareAlike 3.0 license. It is adapted without attribution to the original 2010 author or publisher at their request. It is adapted from Mastering Strategic Management which was published by the University of Minnesota Publishing in 2015 as an adaptation of the 2010 version. University of Minnesota Publishing reformatted the original text, and replaced some images and figures to make the resulting whole more shareable but did not otherwise significantly alter or update the original 2010 text. Powerpoint slides are available at http://hdl.handle.net/10919/102735 A testbank only for instructors is also available at http://hdl.handle.net/10919/104179 Instructor Resource Portal in OER Commons https://www.oercommons.org/groups/strategic-management-instructor-group/5209 Table of Contents Chapter 1: Mastering Strategy: Art and Science Chapter 2: Assessing Organizational Performance Chapter 3: Evaluating the External Environment Chapter 4: Evaluating the Internal Environment Chapter 5: Synthesis of Strategic Issues and Analysis Chapter 6: Selecting Business-Level Strategies Chapter 7: Innovation Strategies Chapter 8: Selecting Corporate-Level Strategies Chapter 9: Competing in International Markets Chapter 10: Executing Strategy through Organizational Design Chapter 11: Leading an Ethical Organization: Corporate Governance, Corporate Ethics, and Social Responsibility About the Author / Editorial and Production Teams Version Notes Glossary This work is published by Virginia Tech’s Pamplin College of Business in association with Virginia Tech Publishing. Suggested Citation Kennedy, Reed. (2020) Strategic Management. Blacksburg, VA: Virginia Tech Publishing. https://doi.org/10.21061/strategicmanagement CC BY NC-SA 3.0 Contributors About the Previous Author The publisher of the 2010 version of this book requested that they and the original author not receive attribution. This Version Primary Contributor: Reed B. Kennedy Reviewer / Contributors: Eli Jamison, Joseph Simpson, Pankaj Kumar, Ayenda Kemp, Kiran Awate, and Kathleen Manning Cover Design, Illustration, and Alternative Text; Student Reviewer: Kindred Grey Research and Editorial Assistant; Student Reviewer: Kathleen Manning Managing Editor: Anita Walz Production Editor: Robert Browder Copyeditors: Grace Baggett, Lauren Holt ISBN 978-1-949373-94-3 (print-color) ISBN 978-1-949373-89-9 (print-black & white) ISBN 978-1-949373-96-7 (ebook-PDF) ISBN 978-1-949373-95-0 (ebook-Pressbooks) https://pressbooks.lib.vt.edu/strategicmanagement DOI: https://doi.org/10.21061/strategicmanagement Accessibility Virginia Tech Publishing is committed to making its publications accessible in accordance with the Americans with Disabilities Act of 1990. The HTML and screen reader–friendly PDF versions of this book utilize header structures and include alternative text which allow for machine-readability.

Material Type: Textbook

Authors: Awate Kiran, Jamison Eli, Kemp Ayenda, Kennedy Reed, Kumar Pankaj, Manning Kathleen, Simpson Joseph

Elementary Earth and Space Science Methods

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This book is intended for use by future teachers, written from the perspective of students who have taken Science Methods II. The student authors gathered and created resources to help prospective elementary cience teachers better understand science and feel confident in your abilities as a future teacher. This book is divided into five parts which align with the Science Methods II course: Physics Space Science Earth Science Climate Science Course Materials and Pedagogy Within each part, the material is broken down into smaller chapters. Here you will find written explanations, video links, glossary terms, key takeaways, and practice quizzes to help you understand the material. This book is designed to be a flexible resource; use it as much or as little as you need throughout the course.

Material Type: Teaching/Learning Strategy, Textbook

Authors: Ben Smith, Ella McDonald, Jenny Haley, Rachel Dunn, Ted Neal

Learning Environments Design Reading Series

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Short Description: A collection of readings on Learning Environments Design. Created by EDUC/HCI-603: Advanced Learning Environments Design graduate course at Iowa State University. Learning Environments Design Reading series is published under the Creative Commons Attribution 4.0 License Word Count: 26053 (Note: This resource's metadata has been created automatically by reformatting and/or combining the information that the author initially provided as part of a bulk import process.)

Material Type: Textbook

Author: Evrim Baran

Teaching Math for Emergent Bilinguals: Building on Culture, Language, and Identity

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Short Description: This book is designed for pre-service/in-service teachers and others who will work or work with K–12 students who have linguistically and culturally diverse backgrounds, especially students of other languages (English language learners/Emergent bilingual/multilingual). Long Description: This book is designed for pre-service/in-service teachers and others who will work or work with K–12 students who have linguistically and culturally diverse backgrounds, especially students of other languages (English language learners/Emergent bilingual/multilingual). The core concept of this course is helping teachers understand the needs of various Emergent Bilinguals (a.k.a. English language learners (ELLs)/English Learners (ELs), learn to use their language and culture as a resource in mathematics classrooms and implement research-based instructional strategies that are effective to teach mathematics for Emergent Bilinguals. Word Count: 22004 (Note: This resource's metadata has been created automatically by reformatting and/or combining the information that the author initially provided as part of a bulk import process.)

Material Type: Textbook

Authors: Ji-Yeong I, Ricardo Martinez

Supporting Secondary Teachers’ Critical Disciplinary Literacies

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Short Description: Co-created with students in the course EDUC 395: Teaching Disciplinary Literacy and supported by CDL experts, this textbook offers accessible, research-based, multidisciplinary CDL strategies ready for implementation in secondary classrooms. Long Description: Co-created with students in the course EDUC 395: Teaching Disciplinary Literacy and supported by CDL experts, this textbook offers accessible, research-based, multidisciplinary CDL strategies ready for implementation in secondary classrooms. Word Count: 9707 (Note: This resource's metadata has been created automatically by reformatting and/or combining the information that the author initially provided as part of a bulk import process.)

Material Type: Textbook

Authors: Ainsley Lovrien, Ashley Luedtke, Brianna Sander, Carter Junge, Crystal Millan-Herrera, Elijah Strong, Erin Brandt, James Mechikoff, Jeanne Dyches, Juliana Lobraco, Kayla Gerard, Mackenzie Crampton, Ridwan Abdi, Samantha Andersen, Samuel Peterson, Selma Hasan, Sullivan Fitzgerald, Will Douglas

Foundations of Chemical and Biological Engineering I

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Short Description: The goal of this textbook is to introduce you to the foundational topics of chemical engineering. This textbook will give you a good basic understanding of a number of chemical engineering concepts, which you can take with you as you progress in your engineering degree and career. Long Description: The goal of this textbook is to introduce you to the foundational topics of chemical engineering. This textbook will give you a good basic understanding of a number of chemical engineering concepts, which you can take with you as you progress in your engineering degree and career. This book covers the basics of process diagrams, reaction chemistry, phase equilibrium, energy balances, unsteady-state operations, process control, process economics and safety, and green engineering. The book provides basic conceptual information on each topic and allows the readers to test their understanding of each topic through practice examples and exercises. The book pinpoints important concepts and terms for the readers to take note of and even includes a set of flashcards at the end of each chapter, which readers can use to test their general understanding and grasp of the topic. The appendices in the book’s back matter provide readers with additional resources for solving problems and accessing data and information. Word Count: 63924 (Note: This resource's metadata has been created automatically by reformatting and/or combining the information that the author initially provided as part of a bulk import process.)

Material Type: Textbook

Authors: Jonathan Verrett, Rana Barghout, Rosie Qiao

Free Engineering Technology Simulations

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This website consists of a series of 3D simulations on engineering technology topics. Developed by and for the Eastern Iowa Community Colleges' Engineering Technology programs, these simulations, which are approximately 2-9 minutes long, are used as part of their curriculum to help students quickly and thoroughly grasp the concepts being presented in a visual format. Some simulations are paired with additional interactive quiz questions and can be downloaded as .zip files. Topics covered include: AC Circuits, DC Circuits, Digital Currents & Systems, Electrical Motor Control, Fluid Power Control, Fluid Power Design & Application, Fluid Power Fundamentals, Industrial Print Reading (Engineering Design), Industrial Robotics, Lean Manufacturing, Microcontrollers, Motion Control, Process Control, Programmable Logic Controllers, and Solid Stats & Systems. This workforce solution is funded by the Pathways to Engineering Technology Careers grant which is 100% financed through a $2.5 million grant from the U.S. Department of Labor’s Employment & Training Administration.

Material Type: Assessment, Diagram/Illustration, Interactive, Simulation

Authors: Eastern Iowa Community Colleges, Lucid Way

Using PhET Simulations in a Large Lecture Class: The Photoelectric Effect

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This activity provides a complete curriculum for teaching the photoelectric effect using the PhET Photoelectric Effect simulation in a large-lecture modern physics course. It includes links to powerpoint slides for two to three 50-minute lectures using Peer Instruction with clickers, and one homework assignment suitable for an online homework system. Research has demonstrated that students in classes using this curriculum have a better understanding of the photoelectric effect than students in classes using traditional instruction supplemented by a computerized tutor.

Material Type: Activity/Lab, Simulation, Teaching/Learning Strategy

Author: Sam McKagan

Chemical Engineering Separations: A Handbook for Students

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Short Description: Chemical Engineering Separations: A Handbook for Students is intended for use by undergraduate students who are taking a course in chemical engineering separations. The handbook assumes that students have taken one or two semesters of chemical engineering thermodynamics, one semester of heat and mass transfer, and one semester of computational methods for chemical engineering. Long Description: The purpose of this handbook is to introduce students to chemical engineering separations in a way that most closely aligns with what most entry-level chemical engineers will do in the workplace. Most newly hired chemical engineers will be responsible for monitoring and troubleshooting existing processes and proposing modifications to improve process performance. For this reason, we have written the handbook to emphasize how to optimize process conditions, how to retrofit an existing unit to meet a given separation objective while not exceeding operating capacity, or how to select the best existing or pre-fabricated unit to meet a separation objective while maintaining safe operation at a reasonable cost. Word Count: 30925 (Note: This resource's metadata has been created automatically by reformatting and/or combining the information that the author initially provided as part of a bulk import process.)

Material Type: Textbook

Authors: Laura Jarboe, Monica Lamm

A Guide to MATLAB for ME 160

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This textbook provides an introduction to the MATLAB programming language for first-year mechanical engineering students enrolled in ME 160. Designed to follow the content taught in class, this book provides a supplement to in-class learning that is presented at a level that is understandable to a student with no experience coding before coming to Iowa State University.

Material Type: Textbook

Authors: Austin Bray, Reza Montazami

Introduction to Mechanical Engineering Design

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Short Description: A collection of readings and exercises aligned with the course, ME 270, Introduction to Mechanical Engineering Design, at Iowa State University. This course provides an overview of mechanical engineering design with applications to thermal and mechanical systems, and an introduction to current design practices used in industry. As part of the course design, learners will complete a semester-long team project focused on addressing societal needs. Long Description: A collection of readings and exercises aligned with the course, ME 270, Introduction to Mechanical Engineering Design, at Iowa State University. This course provides an overview of mechanical engineering design with applications to thermal and mechanical systems, and an introduction to current design practices used in industry. As part of the course design, learners will complete a semester-long team project focused on addressing societal needs. Word Count: 19507 Included H5P activities: 71 (Note: This resource's metadata has been created automatically by reformatting and/or combining the information that the author initially provided as part of a bulk import process.)

Material Type: Textbook

Authors: Iowa State University, Jacqulyn A. Baughman

Writing Unleashed

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Third revision, August 2017. Welcome to Writing Unleashed, designed for use as a textbook in first-year college composition programs, written as an extremely brief guide for students, jam-packed with teachers’ voices, students’ voices, and engineered for fun. This textbook was created by Dana Anderson, Ronda Marman, and Sybil Priebe - all first-year college composition instructors at the North Dakota State College of Science in Wahpeton, ND. Download here: https://drive.google.com/open?id=1JoX94RjwS-WoPnGCyIZ9ZTQeX74iG9hS

Material Type: Textbook

Author: S Priebe

EmpoWord: A Student-Centered Anthology & Handbook for College Writers

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EmpoWord is a reader and rhetoric that champions the possibilities of student writing. The textbook uses actual student writing to exemplify effective writing strategies, celebrating dedicated college writing students to encourage and instruct their successors: the students in your class. Through both creative and traditional activities, readers are encouraged to explore a variety of rhetorical situations to become more critical agents of reading, writing, speaking, and listening in all facets of their lives. Straightforward and readable instruction sections introduce key vocabulary, concepts, and strategies. Three culminating assignments (Descriptive Personal Narrative; Text-Wrestling Analysis; Persuasive Research Essay) give students a chance to show their learning while also practicing rhetorical awareness techniques for future writing situations.

Material Type: Textbook

Author: Shane Abrams