Discuss the effectiveness of the strategic management process.

Why do you think organizations that have a comprehensive mission tend to be high performers?

Identify a recent economic, social, political, or technological trend that significantly affects a

business firm in your community.

Why is it important for a firm to study and understand the internal environment?

Could a firm simultaneously pursue focus, differentiation, and cost leadership? Discuss.

Explain the different levels of strategy making.

Describe three $(3)$ reasons firms choose to diversify their operations.

How do firms create value when using a related diversification?

List three $(3)$ resistances to change strategies. Give an example of when you would use each

method or approach.

What are the characteristics of an effective evaluation system?