Significance of vision and mission statements


Question1. Why might conflict occur during the objective setting process?

Question2. What advantages may a firm hope to gain by operating internationally?

Question3. Describe the relationships between strategies, objectives and policies.

Question4. Explain the significance of vision and mission statements to organisation.

Question5. In what manners does environmental scanning contribute to strategic management process?

Question6. Describe how delegation of authority can contribute to effective strategic management.

Question7. Describe the approaches that could be employed to establish the total worth of a business.

Question8. A change in strategy frequently needs a change in organisational structure. Why is this?

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Strategic Management: Significance of vision and mission statements
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