1. Describe the "process of performing an external audit" in an organization doing strategic planning for the first time.

2. The global recession forced thousands of firms into bankruptcy. Does this fact alone confirm that "external".

3. Explain how to conduct an external strategic-management audit.

4. Distinguish between market commonality and resource similarity. Apply these concepts to two rival firms that you are familiar with.

5. Compare and contrast the duties and responsibilities of a CIO with a CTO in a large firm.

6. Discuss briefly all the major external forces that affect organizations.