1. Give an example of hierarchical planning in an organization.
2. What is the difference between a corporate strategy and a competitive strategy? Give one example of each. 3-3. Explain why strategic planning is important to all managers.
3. Explain with examples each of the eight steps in the strategic management process.
4. Explain with examples how human resources management can be instrumental in helping a company create a competitive advantage.
5. Outline how you would implement an employee engagement program.