Question: 1. Why is the mission statement the first step in the strategic management process? How do mission statements relate to other parts of the strategic

1. Why is the mission statement the first step in the strategic management process? How do mission statements relate to other parts of the strategic management process and to the firm's business & corporate strategy? Answer by using your own work as a sample.

2. Explain the relationship between strategic management & competitive advantage for firms, how can an organization sustain competitive advantage? Answer by reflecting in your workplaces or in your organization.

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