Question: 1. Why has strategic management become so important to today's corporations?
2. How does strategic management typically evolve in a corporation?
3. What is a learning organization? Is this approach to strategic management better than the more traditional top-down approach in which strategic planning is primarily done by top management?
4. Why are strategic decisions different from other kinds of decisions?
5. When is the planning mode of strategic decision making superior to the entrepreneurial and adaptive modes?