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This comprehensive book offers an engaging look into new and traditional strategic management topics. Its thorough coverage helps readers develop an understanding of the wide range of theories and research available in this field--from competitive strategy and industry analysis to environmental trends and ethics. Integration of international issues throughout provides an essential understanding of global economics and its impact on business activities in any location. Chapter topics explore basic concepts in strategic management; corporate governance and social responsibility; environmental scanning and industry analysis; internal scanning and organizational analysis; strategy formulation; strategy implementation; evaluation and control; and strategic issues in managing technology and innovation, entrepreneurial ventures, small businesses, and not-for-profit organizations. For Strategic Planners and Chief Executive Officers.

Wheelen and Hunger's class-tested approach to teaching Strategy is brought into sharper focus with a new theme: environmental sustainability. By bringing the sustainability theme into focus, this text equips students with the strategic concepts they will need to know as they face issues such as climate change, global warming and energy availability.

Thomas L. Wheelen

Thomas L. Wheelen, D.B.A., MBA., BS. Cum Laude (George Washington University, Babson College, and Boston College, respectively), is Professor of Strategic Management, University of South Florida, and was formerly the Ralph A. Beeton Professor of Free Enterprise at the McIntire School of Commerce, University of Virginia. He was awarded Fullbright Scholar. He was Visiting Professor at both the University of Arizona and Northeastern University.

In 1999, the International Board of Directors of the Society for Advancement of Management (SAM) awarded Dr. Wheelen the Phil Carroll Advancement of Management Award in Strategic Management. He is a graduate of Gardner High School (MA) and Sacred Heart School in 1953 and 1949, respectively. He has worked in management positions for General Electric and the U.S. Navy and has been active as a consultant and trainer to business corporations, as well as to federal and state government agencies. He currently serves on the Board of Directors of Adhice Fund and The Society for Advancement of Management and on the Editorial Board of SAM Advanced Management Journal. He is the Associate Editor of SAM Advanced Management Journal. He served on the Board of Directors of Lazer Surgical Software, Inc., and on the Journal of Management and Journal of Management Case Studies.

Thomas L. Wheelen is co-author of Strategic Management and Business Policy, Essentials of Strategic Management, Cases in Strategic Management, Strategic Management and Business Policy-World Version, and Strategic Management Cases (PIC: Preferred Individual Cases) as well as the Public Sector and co-developer of Financial Analyzer (FAN) and Strategic Financial Analyzer (St. FAN) software. His textbook Strategic Management and Business Policy received the McGuffey Award for Excellence and Longevity in 1999 from the Text and Academic Authors Association. He has authored over 40 articles that have appeared in such journals as the Journal of Management, Business Quarterly, Personnel Journal, SAM Advanced Management Journal, Journal of Retailing, International Journal of Management, and the Handbook of Business Strategy. He has over 130 cases appearing in over 55 text and case books, as well as the Journal of Management Case Research. He has served on the board of directors of the Southern Management Association and the Society for the Advancement of Management, as Vice-President-at-large and Vice President of Strategic Management for the Society for the Advancement of Management, and as President of the North American Case Research Association.

Dr. Wheelen is a member of the Academy of Management, Beta Gamma Sigma, Southern Management Association, North American Case Research Association, Society for Advancement of Management, Society for Case Research, Strategic Management Association, and World Association for Case Method Research and Application. He is listed in Who's Who in Finance and Industry, Who's who in the South and Southwest, and Who's Who in American Education.

J. David Hunger

J. David Hunger, Ph.D. (Ohio State University), is Professor of Strategic Management at Iowa State University. He previously taught at George Mason University, the University of Virginia, and Baldwin-Wallace College. His research interests lie in strategic management, corporate governance, and entrepreneurship. He served as Academic Director of the Pappajohn Center for Entrepreneurship at Iowa State University. He worked in brand management at Procter & Gamble Company, as a selling supervisor at Lazarus Department Store, and served as a Captain in U.S. Army Military Intelligence. He has been active as consultant and trainer to business corporations, as well as to state and federal government agencies. He has written numerous articles and cases that have appeared in the Academy of Management Journal, International Journal of Management, Human Resource Management, Journal of Business Strategies, Case Research Journal, Business Case Journal, Handbook of Business Strategy, Journal of Management Case Studies, Annual Advances in Business Cases,Journal of Retail Banking, SAM Advanced Management Journal, and Journal of Management, among others. Dr. Hunger is a member of the Academy of Management, North American Case Research Association, Society for Case Research, North American Management Society, Textbook and Academic Authors Association, and the Strategic Management Society. He is past-President of the North American Case Research Association, Society for Case Research and the Iowa State University Board of Directors. He also served as Vice President of the U.S. Association for Small Business and Entrepreneurship (USASBE). He has served on the editorial review boards of SAM Advanced Management Journal, Journal of Business Strategies, and Journal of Business Research. He is also a member of the Board of Directors of the North American Case Research Association, the Society for Case Research, and the North American Management Society. He is coauthor with Thomas L. Wheelen of Strategic Management and Business Policy and Essentials of Strategic Management plus Concepts in Strategic Management and Business Policy and Cases in Strategic Management and Business Policy, as well as Strategic Management Cases (PIC: Preferred Individualized Cases), and a monograph assessing undergraduate business education in the United States.  The 8^th edition of Strategic Management and Business Policy received the McGuffey Award for Excellence and Longevity in 1999 from the Text and Academic Authors Association. Dr. Hunger received the Best Case Award given by the McGraw-Hill Publishing Company and the Society for Case Research in 1991 for outstanding case development. He is listed in various versions of Who’s Who, including Who’s Who in the United Statesand Who’s Who in the World. He was also recognized in 1999 by the Iowa State University College of Business with its Innovation in Teaching Award and was elected a Fellow of the Teaching and Academic Authors Association in 2001.