QUESTION $2$

a$)$ What is the difference between a mission statement and a strategic vision?

b$)$ What did Pepsi's CEO mean by "Performance with purpose?

c $)$ Explain why a company's strategy cannot be completely planned out in advance and why crafting a company's strategy cannot be a one$-$time, once$-$and$-$for$-$all

managerial exercise

d$)$ Describe at least three characteristics of strong strategic leaders. Explain how each of the three characteristics would help motivate and lead an organization's personnel

e$)$ Describe Porters five competitive forces

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