Reference no: EM133103451

The answer should be properly organized containing definitions of terms, major topic-related facts, and supporting examples for all statements.

1. What is the process of strategic planning and what steps are involved in the process? Discuss this question in general terms and provide an example pretending that you are the top manager of a company. You can use an existing company or describe an imaginary one.

2. Describe the forms of business in the USA starting from sole proprietorship through the corporation. Describe the differences between these forms, their advantages, and their disadvantages.

3. Discuss competitive strategies and what is involved in competitive analysis and decision-making. Describe a business decision-making process and suggest how to avoid mistakes in your decisions.

4. Do you agree that employees are the central and most precious capital resource of a business? Provide your opinion and discuss. Include in your answer a brief consideration of how and why employees might be described as a "capital resource."

5. What would you value the most in a candidate for employment: professional skill exactly matching the job description, ability to learn, accuracy, general intellectual level, fast reaction, potential loyalty to the company, or any other skills or capabilities? Discuss the issue.