COURSE NOTES STRATEGIC ANALYSIS LECTURE 2 – CHAPTER 1 – BUSINESS MODELS – VISION, MISSION, VALUES Learning Objectives: 1. Define strategic management and its four key attributes Define: strategic management - ‘consisting of the analyses, decisions and actions an organisation undertakes to create and sustain competitive advantages. Jun 01, · A second theme is that electronic commerce has become a vital strategic-management tool. An increasing number of companies are gaining competitive advantage by using the Internet for direct selling and for communication with suppliers, customers, creditors, partners, shareholders, clients, and competitors who also may be dispersed globally. BS/BF /BSP STRATEGIC MANAGEMENT LECTURE NOTES LECTURER: DR. B. MALITI 2 Course Objectives strategic management – although this really only came to prominence in the s and s. Strategic Management into the 21st Century The s saw the major oil price rises. They came as a result of the world’s increased.