1. What is Strategy? Which activities are strategic and which are not? why?

2. What is the biggest challenge in a company regarding strategy and best practices? What do you think about what Michael Porter mentions?

3. How would you define strategic management?

4. Explain the strategic management process. What do you think are the fundamental activities in the last stage of the process?

5. What are the key terms within strategic management? Why do you think they are key?

6. What do you think are the main benefits of strategic management?

7. Does strategic management increase bureaucracy in companies? What do you think?

Answer rating: 100% (QA)

Lets break down each question 1 What is Strategy Which activities are strategic and which are not Why Strategy refers to a set of longterm goals and plans that a company develops to achieve a competit... View the full answer