Question: What is a mission statement, and how does it set the tone for planning? Define internal and external environments. How do they relate back to

  • What is a mission statement, and how does it set the tone for planning?
  • Define internal and external environments. How do they relate back to the various theories you have seen?
  • What are the various type of plans, along with the tools that exist to help some of the planning you might need to do?
  • Explain the role of strategy in management

In your answers, provide a connection to academic fact, real world examples, and discussions with your fellow students / other class examples.

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