Related to the Business Strategic Management:

1.What are the inputs that we have to consider in the formulation of a vision statement? How will you establish the relationship between "strategic directions" and "vision" of a company?

2.What do you think are the pre-requisites in order to establish a strategic management culture in the organization?

3.What are the different elements to be considered in the formulation of a mission statement?

4.How is value proposition linked with competitive advantage? Cite a specific example to justify your answer.

5.Create own model or framework showing how a company's vision and mission statements are integrated into strategic management in order to achieve competitive advantage.