Question: 1. Explain why the strategic management is often called a capstone course. 2. What aspect in the strategy formulation do you think requires the most

1. Explain why the strategic management is often called a capstone course. 2. What aspect in the strategy formulation do you think requires the most time? Why? 3. Why is strategy implementation often considered the most difficult stage in the strategic management process? 4. Why is it so important to integrate intuition and analysis in strategic management? 5. Explain the importance of a vision and mission statement. 6. Why companies need to adapt to change and make strategies?

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