Question: Strategic management test. 1) Explain the relationship between Market Analysis, Key Success Factors, and Strategic Competitive Advantages? 2) Success is never final. What is the

Strategic management test.

1) Explain the relationship between Market Analysis, Key Success Factors, and Strategic Competitive Advantages? 2) "Success is never final. What is the meaning of this statement for Strategic Management? 3) What are the main questions of the value chain analysis, i.e. what is analyzed, what is changed (perhaps), and what is built up? Use an example (virtual company) and demonstrate important value chain activities and their influence on the companys strategy 4) Describe and explain briefly 3 market entry barriers in international business and 3 market entry barriers in the industry of your choice. 5) How will a persons tasks change when he/she is promoted from a clerk/expert to a management job?

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