3 Qs

1. Define strategic flexibility and explain its implications. Why is organizational learning important to the long-term development of strategie flexibility 9. Why is organizational culture important for a business to effectively formulate its strategy (4 points) he toolbar, press ALT+F10 (PC) or ALT FN-F10 (Mac). IS Paragraph Arial 10pt IEE A T. X a. Explain how strategic management evolves through four sequential phases in corporation and the role Integrative orientation play in its evolution. (6 points) b. Why is strategie management considered important for global market competition (2 points) c. What is the impact of sustainability on business practice? (2 points) the toolbar, press ALT=F10 (PC) or ALT N+F10 (Mac). 3 IS Paragraph Arial 10pt A. T. X a. Discuss the competitive strategy differences for a fragmented and a consolidated industry. (6 points) Hint: To answer this question, keep inmind Porter's generio strategies What are the most significant implications of a strategic group analysis of an organization? (4 points) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)