Question 1) Select a small business* (the SB) that you may want to start. In the context of that enterprise, what is strategic management and planning?
Why would a strategic plan be important to the success of this business? How are the four functions of management relevant to creating and implementing a strategic plan"?
Question 2) Consider some of the major business news from the past few weeks or months, and comment on whether you feel that a particular company's public actions are consistent with its strategic plan or mission statement.