Unit 1: Discussion
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Post your initial response to the Discussion Questions by midnight on Thursday. Then by Sunday at midnight CST/CDT you must provide a substantive response to two or more classmates’ posts. Use the concepts learned from the text as well as from outside sources (at least two  are required) for compiling the response to each Discussion Question. Cite the sources used in the Discussion Question posting as well as in the peer responses IAW APA Format.
Important: Your grade for the responses you post in our Discussion Area will be determined not only by your responses to the assignment questions, but also by your responses to your fellow students’ postings. Respond to two or more classmates by 11:59p.m., Sunday, CT. Otherwise, five points will be deducted from your grade.
1. Why has strategic management become so important to today’s corporations?
2. What information is needed for the proper formulation of strategy? Why?