This comprehensive and engaging text presents strategic management scholarship in a way that is very accessible to students. Highly respected authors Hill, Schilling, and Jones integrate cutting-edge research on topics including competitive advantage, corporate governance, diversification, strategic leadership, technology and innovation, and corporate social responsibility through both theory and case studies. Based on real-world practices and current thinking in the field, the 12th edition of STRATEGIC MANAGEMENT features an increased emphasis on the changing global economy and its role in strategic management. The appendix walks students through the case-analysis process and explains key ratios that managers use to compare the performance of firms. The MindTap® learning solution is designed to meet the unique needs of this course area and will prepare your students to become the next generation of strategic leaders. Built on the Gradual Release of Responsibility instructional model, the customizable learning path contains assignments that require students to work through scaffolded activities that build their critical thinking skills.