Questions from Strategic Management

Q: Explain why the strategic management class is often is called a “

Explain why the strategic management class is often is called a “capstone course.”

Q: Consider the following statement: “Retained earnings on the balance sheet

Consider the following statement: “Retained earnings on the balance sheet are not monies available to finance strategy implementation.” Is it true or false? Explain.

Q: How does the external audit affect other components of the strategic-

How does the external audit affect other components of the strategic-management process?

Q: Do an Internet search using the keywords “GAAP to IFRS”

Do an Internet search using the keywords “GAAP to IFRS” to update yourself on this important transition coming soon in the USA.

Q: In order of importance in your opinion, list six techniques or

In order of importance in your opinion, list six techniques or activities widely used to alter an organization’s culture.

Q: Why is strategy implementation often considered the most difficult stage in the

Why is strategy implementation often considered the most difficult stage in the strategic-management process?

Q: What are the benefits of establishing an ESOP in a company?

What are the benefits of establishing an ESOP in a company?

Q: How can delegation of authority contribute to effective strategic management?

How can delegation of authority contribute to effective strategic management?

Q: Explain the importance of a vision and mission statement.

Explain the importance of a vision and mission statement.

Q: Allocating resources can be a political and an ad hoc activity in

Allocating resources can be a political and an ad hoc activity in firms that do not use strategic management. Why is this true? Does adopting strategic management ensure easy resource allocation? Why?...