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Strategic Management

Strategic Management

This week read Lena Rantakyro’s article, “Strategic management in small metal job shops in Sweden and the U.S.,” and post to the Strategic Management discussion.
Rantakyro, L. (2000). Strategic management in small metal job shops in Sweden and the U.S.. Engineering Management Journal, 12(2), 15-21.
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This article outlines theories of strategic management and relates them to the workings of real businesses in two countries.
1.    After reading the article, analyze and discuss the following questions:
2.    The author concludes that theory and practice may not coincide. What are the reasons for this? (5 Points)
3.    Are you surprised by the author’s conclusions? (4 Points)
4.    Do you think small firms could benefit from these theories? (4 Points)
5.    What are some of these benefits? (4 Points)
6.    What conditions might make strategic management theory more relevant to small businesses? (4 Points)
7.    Spelling, grammar, format etc. (4 Points)
Total Possible Points = 25

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