1. Discuss the nature and implications of the upcoming accounting switch from GAAP to IFRS in the United States.

2. How often should an organization's vision/mission be changed in light of strategy evaluation activities?

3. Why has strategy evaluation become so important in business today?

4. As owner of a local, independent supermarket, explain how you would evaluate the firm's strategy.

5. As owner of a chain of hardware stores, describe how you would approach contingency planning