Purpose of a business strategy


Question 1) Discuss in scholarly detail the purpose of a business strategy and expand on these concepts, discussing a differentiation business strategy. Based on this strategies, how could an organization be a late mover and yet succeed with a strategy of differentiation? Why? Give examples.

Question 2) Discuss in scholarly detail the newest trends in mission components and also differentiate between company philosophy and public image and why organizations should consider either or both in its overall mission. Give examples

Question 3) Discuss in scholarly detail some fundamental ethical approaches that managers should consider and why. Give examples.

Question 4) Discuss in scholarly detail the defining principles and the implementing principles of the corporate social justice approach. In addition, what are some pros and cons associated with these social justice principles and why? Give examples.

Question 5) Discuss in scholarly detail the necessary steps a firm must take when it attempts to incorporate interests of various stakeholders. Give examples.

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