Strategic management

1.Define strategic management.

2.What are the phases of the Strategic Management Model? Explain

3.What is the purpose and nature of an External Audit?

4.What is the nature of an Internal Audit?

5.Explain the SWOT Matrix.

6.Explain Backward, Forward, Vertical and Horizontal Integration.

7.Does it pay to be ethical? Explain.

8.Discuss the transition from formulating a strategy to implementing a strategy.

9.What are the two reasons changes in strategy require changes in organizational structure?

10.Explain annual objectives.

Sample Solution