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Business policy and strategy

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Reference no: EM132853993

BUSINESS POLICY AND STRATEGY

QUESTION 1

Since small companies typically have between 1 to 100 employees, should all small companies have business strategies? Why or why not?

QUESTION 2

Why is it important for a corporation's structure to follow strategy? How can a corporation use its structure and culture to manage internal strengths or weaknesses?

QUESTION 3

What makes the strategy formulation process unique from other decision that the organization makes on a daily basis? What would happen if the organization only made daily decisions that were not tied to strategic decisions? Please provide supporting examples.

QUESTION 4

What recommendations would you make to improve the effectiveness of today's corporate strategic decisions?

QUESTION 5

What is competitive intensity and how can a corporation use this information for competitive positioning?

Reference no: EM132853993

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