BA490 BUSINESS POLICY AND STRATEGY

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QUESTION 1

1.   Since small companies typically have between 1 to 100 employees, should all small companies have business strategies? Why or why not?

QUESTION 2

1.   Why is it important for a corporation’s structure to follow strategy? How can a corporation use its structure and culture to manage internal strengths or weaknesses?

QUESTION 3

1.   What makes the strategy formulation process unique from other decision that the organization makes on a daily basis? What would happen if the organization only made daily decisions that were not tied to strategic decisions? Please provide supporting examples.

QUESTION 4

1.   What recommendations would you make to improve the effectiveness of today’s corporate strategic decisions?

QUESTION 5

1.   What is competitive intensity and how can a corporation use this information for competitive positioning?