Chapter 4: Environmental Scanning and Industry Analysis

• Discussion Questions:

4-6. What are the most significant implications of a strategic group analysis of an organization?

4-7. How is Porter's five force framework related to the identification of key success factors?

Chapter 11: Strategy Implementation: Staffing and Directing

• Pearson MyLab Management Questions:

11-1. What are the critical issues that a company must consider when trying to match its staffing to its strategy?

11-2. What are the unique impacts on a company that must staff in international settings?

Chapter 12: Evaluation and Control

• Pearson MyLab Management Questions:

12-1. Explain why ROI might not be the best measure of firm performance.

12-2. What are the best methods for evaluating the performance of the top management team?

• Discussion Questions:

12-3. Why is strategic control important in monitoring the process of strategy implementation?

12-4. What are some examples of behavior controls? Output controls? Input controls?

12-5. Why is EVA an important component of the strategic management process?

12-6. Is the balanced scorecard a useful tool for developing, controlling, and enhancing the strategy implementation process of an organization? Why or why not?

12-7. Is the evaluation and control process appropriate for a corporation that emphasizes creativity? Are control and creativity compatible?

Reference: Strategic Management and Business Policy: Globalization, Innovation and Sustainability, Global Edition (15th Edition) (15th ed.). (n.d.). Pearson. Link to PDF: https://elearn.daffodilvarsity.edu.bd/pluginfile.php/946325/mod_page/intro/Strategic%20management%20and%20business%20policy%20_%20globalization%2C%20innovation%2C%20and%20sustainability-Thomas%20L.%20Wheelen%20-Pearson%20%282018%29.pdf?fbclid=IwAR00w31IDsyXuR5gOqD3ebS4K_S27RRKqWdnDsI5RlePDcyNnf4HH0m2eLo