STRATEGIC MANAGEMENT INTRODUCTION 4 SECTION 14 1.1 Concept of Strategy4 1.2 Elements of Strategic management Process 5 1.3 Analyzing the role of values, vision and mission statements in the Strategic Management7 1.4. Identifying and evaluating different approaches to formulating strategy 8 1.5 Influence of External Environment on Strategy Formulation 9 SECTION 211 2.1 Differentiate between Organizations’ general Competitive and Internal Environments 11 2.2 Tools for the analysis of the General, Competitive and Internal Environment Factors 12 3.1 Compare and contrast different approaches to the formulation