Q Give one example below for each part:

1.Which stage in the strategic-management process is the most difficult? Explain why.

2.Compare and contrast vision statements with mission statements.

3.What are the five major types of external forces that should be examined as part of an external audit? Give an example of each type of force.

4.Discuss the five steps involved in performing an Internal Factor Evaluation (IFE) Matrix.

5.Define and give examples of three intensive strategies.

6.Using a Grand Strategy Matrix approach, what strategies arerecommended for a firm that is a weak competitor in a slow-growing market? Elaborate on what these strategies could mean for a college or university.

7.What are five differences between strategy formulation and strategy implementation?

8.Explain why strategy evaluation can be a complex and sensitive undertaking.