- Are strategic management and strategic planning synonymous terms? Explain in detail.
- Explain in detail each stage of the strategic management process.
- List three internal strengths and three internal weaknesses that characterizes savannah state university (SSU). Explain in detail, give examples and discuss how the strengths could be utilized to increase competitive advantage and how to fix the weaknesses. You can find some characteristics on the ssu website .FYI- SSU is a HBCU with limited funding from the gov.
- Describe in detail the difference between a mission and a vision. Which one should be completed first and why? Who should be involved in building the vision statement and the mission statement.
- According to Michael Porter, what are the forces that together define the nature of competitiveness in a given industry. Discuss the one force that is usually the most powerful and detail another force of your choice. Use examples for all questions.
- Explain in detail what is an external audit and all related properties of an thorough external audit.
- Define Competitive Intelligence (CI) and explain the three ways that CI can be gathered.
- What is the Resource based view? Explain in detail with a thorough example
Business policy review questions
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