1. Explain how the strategic management process, strategy, and competitive advantage are interrelated. 2. Discuss extensively how changes in today's workforce and the business environment have contributed to growth in the use of boundaryless organizational designs. 3. What are red and blue oceans? How does blue ocean strategy fundamentally differ from red ocean strategy? Explain your key takeaways on what makes blue ocean strategy imperative in today's business climate? 4. Boundaries and constraints become less important as a firm develops a strong culture and reward system. Explain and defend this statement