Describe major benefits of strategic management

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Question 1 Most companies have stated values, a mission and a vision statement along with objectives. Does a company need all three? Explain why or why not.

Question 2 List and briefly describe five of the ten major benefits of strategic management, as stated by Greenley.

Question 3 Define forward integration and provide a specific example. Briefly discuss the role of forward integration in strategic management.

Question 4 King and Cleland recommend that organizations carefully develop a written mission statement for six reasons. List and describe five of these reasons.

Reference no: EM13796669

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