Impact of globalization and corporate scenarios


APA FORMAT AND MINIMUM 200 WORDS FOR PER QUESTION:

Question 1: What are the variou responsibilities of the board of directors? Please give an illustration of a board of directors that didn't meet its responsibilities.

Question 2: The impact of globalization and the Internet presents real challenges for corporate strategic planners across the world. Write down the impact of globalization and the Internet on the corporate world? Describe the significant role of strategic planning in today’s competitive business world in light of such two forces?

Question 3: What are corporate scenarios? What are the three steps which must be followed?

Question 4: What is outsourcing? What are the seven main outsourcing errors which must be avoided?

Question 5: The textbook points out the significance of assessing the strategy-culture compatibility when implementing a latest strategy. Do you feel that culture follows strategy, or does strategy follow culture? Validate your answer.

Question 6: List out the six guidelines proposed for successful downsizing and describe the significance of each one.

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Strategic Management: Impact of globalization and corporate scenarios
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