Question 1:

You have learned that stakeholders have profound impact on the direction and the success of a company. Based on your readings and learning, complete the following tasks:

• Define the various classifications of stakeholders in a company and their role in strategic management decisions.
• Explain the connection between stakeholders and competitive advantage.

Question 2:

You learned that strategic intent is an extension of a company's organizational culture and the cornerstone of the firm. Based on your readings and learning, complete the following tasks:

• Discuss the importance of strategic intent and its impact on organizational success.
• Discuss why it is important and how an organization can move from intent to implementation.