Why do you think that strategies are so difficult to


1. Explain any two of the following terms IN YOUR OWN WORDS. Acid rain: Ecological ethics: External cost:

2. Why do you think that strategies are so difficult to implement? What do you think the keys are to making sure that strategy is turned into action?

3. In order to decide upon a corporate stock investment, most analysts would first perform a industry analysis. What is an industry and why is this step important? Make sure to discuss the potential problems with defining an appropriate industry for comparison as part of your answer.

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