Assignment:
Question 1) Stellar Packaging Products is considering diversifying its product line offerings into candy and other food bag packaging. This would require a major investment outlay for machinery and equipment. Give one example of different costs that would be considered relevant and one that would be considered irrelevant in making a future business decision for a company, and justify your choices.
For this discussion:
Support your position.
Question 2) Examine and discuss at least three of the core competencies necessary for leaders to practice strategic management successfully.