Distinguish between the concepts of mission and vision.
Answer to relevant QuestionsYour university has fierce competitors. List three external opportunities and three external threats that face your university. Discuss the notion of strategic planning being more formal versus informal in an organization. On a 1 to 10 scale from formal to informal, what number best represents your view of the most effective approach? Why? Why is it so important to integrate intuition and analysis in strategic management? Compare and contrast the near-end-of-chapter quotes by Alexander the Great and Bear Bryant regarding the importance of strategic planning in military or athletic settings. How applicable are those quotes in a business ...How can a firm best achieve sustained competitive advantage?
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