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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?
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