Strategic management in theory and practice


Question 1: Compare and contrast, using illustrations to support your answer, defensive strategies that a company could adopt.

Question 2: How can delegation of authority contribute to efficient strategic management?

Question 3: Describe the relationship between annual objectives and policies.

Question 4: How can an organization overcome resistance to changing its strategy?

Question 5: Describe the approaches available to establish the total worth of a business.

Question 6: Some firms don’t engage in strategic planning. Why is this?

Question 7: Outline the elements of Porter’s Five Forces Model of competitive merits and describe its continuing relevance in the modern business environment.

Question 8: Describe the significance of vision and mission statements to an organization.

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Strategic Management: Strategic management in theory and practice
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