Basic elements of strategic management


Problem 1: Describe, in detail, the four basic elements of strategic management.

Problem 2: List all of the requirements of the Sarbanes-Oxley Act and explain the impact of this act on corporate governance. Please number each of the requirements as you list them.

Problem 3: List and discuss, in detail, the three basic approaches to ethical behavior.

Problem 4: List and discuss, in detail, the different types of forecasting and identify which is the most commonly practiced form of forecasting and discuss why it is the most commonly practiced form of forecasting.

Problem 5: Define and discuss, in detail, both a value chain and a company's center of gravity.

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