1. Identify and explain 5 strategies a multi-national corporation can employ to realize operational cost efficiencies in the absence of free trade.
2. Explain several ways in which operations management can lead to greater competitive advantage and profitability. Include at least two real-world examples.
3. What are vision and mission statements? What is their value for the strategic management process? Select an example of strong Vision/Mission (cite your source). What are its positive characteristics?
4. Pick a publicly traded company. Describe its competitive advantage using the resource-based model of above average returns.
5. Analyze how General Mills(US) represents and advances the goals of its stakeholders.