Reference no: EM132186470
1. Organizations often use stories to support their cultures. Identify three specific purposes for doing so, and provide an original, specific example for each.
2. Answer the following about leadership.
a) How do leaders differ from managers? Hint: Do not merely define both and leave it to the reader to figure out the differences.
b) Why is it important to use several sources of power and influence, rather than relying on one or two?
3. What are the characteristics of a multiple-business firm which would find the portfolio approach to strategic analysis useful?
4. Explain what synergy means at the strategic level of an organization, using an original, specific example.
5. Imagine that you are the sole owner of a business, and answer the following.
a) What would you never outsource?
b) Why not?
6. How does strategic analysis at the corporate level of a multiple-business firm differ from the strategic analysis at the business level, such as what you did in your team’s strategic plan?
7. For each type of strategic control, explain what might happen if it is implemented poorly, using an original, specific example.