1. What do you understand by a ‘Mission Statement’? Can there be a strategy without a mission statement? Justify giving examples.
2. What determines the intensity of competition as per Porter’s Model? Identify the hey strategic factors of the firm you are acquainted with, in its external environment.
3. Describe corporate culture. Do you think that a corporate culture can be changed? Justify your answer with the help of suitable examples.
4. Explain with the help of relevant examples expansion through integration.
5. Suppose you are a Manager (Strategy). Try to develop a model for evaluation and control process of your organization.
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