1. What is systems thinking and how can management information systems enable and (possibly) improve business communications?

2. Define Globalization 1.0, 2.0 and 3.0. What kind of business data did business managers collect and use for each?

3. Why are competitive advantages temporary?

4. What are Porter's three generic strategies and how can a company add value by using Porter's chain analysis

5. Define and Porter's Five Forces model and explain each of the forces. Then, create a Porter's Five Force analysis for one of the following products: desktop computer, telephone, or walkman.

6. Imagine your new CEO wants to reorganize the AAA Management Company so it is more efficient and effective. Look at the model below and analyze the CEO's reorganization plan. Explain the advantages and disadvantages of the structure he proposed, and then reorganize the structure so it provides optimal benefits to operations of the company.