What skills should a person have for managing business unit

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Question: 1. What skills should a person have for managing a business unit following a differentiation strategy? Why? What should a company do if no one is available internally and the company has a policy of promotion from within?

2. When should someone from outside a company be hired to manage the company or one of its business units?

3. What are some ways to implement a retrenchment strategy without creating a lot of resentment and conflict with labor unions?

4. How can corporate culture be changed?

5. Why is an understanding of national cultures important in strategic management?

Reference no: EM131498676

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