Defining strategy is not simple. Understanding different ways of thinking about strategy is the first toward mastering the art and science of strategic management. Strategy is a complex concept that involves many different processes and activities within an organization. To capture this complexity, Professor Henry Mintzberg of McGill University in Montreal, Canada, articulated what he labelled as "the 5 Ps of strategy."

Identify these 5 P's of Mintzberg, and then show through examples how these 5 P's are applied to strategic planning.