Questions:
1. Discuss the three stages of strategy formulation, implementation and evaluation activities?
2. Describe the benefits of engaging in strategic management ?
3. Describe why some firms do no strategic planning?
4. Discuss the connection between business and military strategy?
5. Describe the nature and role of vision statements in strategic management?
6. Discuss the process of developing vision and mission statement?
7. Describe the characteristics of a good mission statement?