MGMT 436 Final Exam Questions All of the answers to the questions below should be addressed in your own words. 1. Explain the difference between strategic planning and competitive strategy. 2. What are the main differences between a mission and a vision statement? 3. Working remotely has been an emerging concept in today's workforce. What are some of the major issues involved from a strategic management perspective with having people work remotely? 4. What is a strategic audit report and why would creating and using one be important to an organization's success? 5. What is the difference between a small entrepreneurial venture and an international business