1. Define and discuss the differences between vision and mission statements.

2. Discuss five of the ten major benefits of strategic management, as stated by greenley. Which of these benefits do you see being beneficial in your future place of employment? Explain why.

3. Choose the pitfalls in strategic planning that management in an organization should watch out for, or avoid? Identify at least three pitfalls.

4. Determine which stage of the strategic management plan is the easiest. Defend your choice and explain why using at least two examples and detail where applicable

Answer rating: 100% (QA)

Vision statement The statements which are based on the future and are the ones which do provide inspiration and direction to the most important resource of the company ie employees is the vision state... View the full answer