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Case #3: Mtv's New Reality

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* Open the book to pages 22-23. * Read Case #3: MTV's New Reality, from Chapter 1. * Complete a 500-1000 word paper that addresses the four discussion questions at the end of the case.
1) Explain how strategic management and the strategic management process are illustrated in this case.
Strategic management comprises of the formulation and implementation of the major goals by considering the appropriate resources by seeing the internal and external resources. The objective of strategic management is to achieve better alignment of corporate policies and strategic priorities.
Keeping in mind the four parts of the strategy process: situation analysis, strategy formulation, strategy implementation and strategy evaluation, MTV’s analysis showed that the company was looking for ways to continue its success. MTV formulated digital and global strategies. MTV implemented strategies by creating virtual worlds for many of its shows and expanding in key global markets with more MTV brands using a range of technologies. In this case the strategist of MTV’s target on global digital strategy of digitalizing media infrastructure through social networking. MTV’s strategy is to entertain all the audience by providing according to their clients taste content by digital medium exchange. Strategist have to target young and teenagers and do literate about the dilemma of online satellite connectivity like web store and the website available having the direct linkage with the social sites like Facebook twitter etc. so MTV’s management use this practice to retain more in the heart of their audience. This strategic plan is the major key success for MTV.

2. What challenges do you think MTV might face in crafting future digital and global strategies?
No, I do not think MTV will face any challenges like having a downtrend or shift towards the negative words of mouth when it

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