Problem 1: How can a corporation's life cycle be extended?
Problem 2: What is strategy implementation? What questions must strategy makers consider to begin the implementation process?
Problem 3: What is reengineering? What are the seven principles for reengineering proposed by Michael Hammer? Explain which principle is most important in your opinion.
Problem 4: List the six guidelines proposed for successful downsizing, and explain the importance of each one.