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Q1: What are the relationships among corporate-level, business-level, and functional strategies? Q2: Explain the role of business process reengineering in various functional strategies. Q3: What

Q1: What are the relationships among corporate-level, business-level, and functional strategies?

Q2: Explain the role of business process reengineering in various functional strategies.

Q3: What is the value chain? How is it useful to strategy formulation ?

Q4: Should an organization change strategies when performance declines? Explain.

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