Evaluation Of The Strategic Management In The Global Competitive Environment.

EXECUTIVE SUMMARY

The purpose of this report is to evaluate the process of the strategic management in the global competitive environment.
The globalization of the business in our environment has been a source for global organizations to incorporate the process of a global strategic management.
In this report, we are going to propose three different frameworks from three different group of authors: Yip, Johnson and Scholes, and Cavusgil and Zou.
However, theses proposed framework would be analysed and compared  and we would give a critical evaluation of theses frameworks.
Through this evaluation we would give some examples about relevant companies in order to  explain the theories, and how does the competitive environment affect managers in their strategies.

INTRODUCTION

In our actual world economy, characterised with a high level of  changes over the past few years, we can say that the world does not  appear anymore like it was in the past.
Indeed so many transformations have been done in terms of government regulations, business, telecommunications, technology, research and development, customers needs and tastes, reduction in barriers to free trade and the world with all theses factors have seen a great convergence.
All theses transformations are leading our national economies into a global system or a global economy, i.e. an independent, integrated global economic system, ( Hill, 2006), therefore a process that we can refer to as globalization.
Hence, in the era of the globalization, it has been inevitable for national enterprises to globalize in order to gain for instance some competitive advantage, economies of scales, more market shares, better skills…
Indeed, nowadays, wherever a company operates, ...
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