1)Discuss the ways thatCorporate Governance facilitates ethical strategic decisions for the effective management of stakeholders.

Explain why this is necessary with examples to support your answer.

2) Businesses have to regularly update their strategy but sometimes need to look at transformational changes. Appraise the extent to which effective change management can address strategic "drift".

Do these changes require different types of leadership.

3)Resources and capabilities that hold the potential of sustained competitive advantage must be non-imitable for competitors. Elaborate on the reasons that make it costly or difficult for competitors to imitate. Support your answer with examples

4)Discuss the advantages that businesses can achieve through strategic alliances. What are the reasons for the success or failure of these alliances? Are these factors more relevant to international strategic alliances? Why or why not?