_{1. What is core competence? Explain with some examples? Can you list your company's core competencies? What is organizational culture? Why is it important?}

_{2. Explain the role of three behavioral considerations in strategy examination and choice. What are the advantages of Centralisation and Decentralisation? How does having exceptionally competent people at lower levels in the organization facilitate decentralization?}

_{3. Explain the relationship between resource commitments to strat egy activation? It is said, 'People are not like other resources'. Take a position and defend it. Distinguish between 'Power' and 'Politics'}