Entrepreneurship

For this module, you need to complete your first assignment. To complete this assignment, answer these questions:

1. Why is strategic planning important to a small company?

2. What is a competitive advantage? Why is it important for a small business to establish one?

3. What are the steps in the strategic management process?

Complete assignment in a Microsoft Word document and submit it through the Assignment box. Be sure to include your name at the top of the document and save the file as module2_lastname.doc. Submissions should be 1-2 pages in length. Cite all necessary sources and include all references. Your document should be completed using APA format and standards