What are three distinctive attributes of strategic and


1. What are three distinctive attributes of strategic and operational planning?

2. Summarize the advantages and disadvantages of mergers and acquisitions as a means of diversification.

Discuss how the potential benefits of diversification may be adversely affected by conflicts between manager interests and stockholder interests. Hint: Egotism, growth for the sake of growth, antitakeover tactics.

3. Employers like Ford Motor Company increasingly prefer giving annual profit –sharing plans to merit or ACR plans, why?

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