Based on this course lectures, our discussions in virtual classes, and your own opinion, answer ONLY four of the following five questions:
- Discuss the characteristics of strategic decisions. Give an example of a strategic decision made by your organization.
- Why is it crucial that corporations employ effective corporate governance? Support your argument by discussing its goals and benefits.
- To which extent do you believe that conducting stakeholder analysis is critical in strategic management? Why?
- Discuss at least three barriers to entry and give an example concerning each.
- What advantages can be realized when a company establishes a competitive intelligence program?
Sample Solution
