1. Define the concept of strategy

2. Write two definitions of strategy and identify the key elements in them.

3. Distinguish strategy and plan. Which one is more suitable in a competitive environment?

4. What are the 5 Ps of a strategy?

5. Explain the significance of a strategy.

6. What are the different levels of strategy making?

7. Identify the people responsible for strategy making at different levels in an organization

8. Explain the different approaches to strategy making.

9. Corporate strategy making is an ongoing process Discuss

10. Explain the strategy of a diversified company.