Q. 1.When would a corporation choose to select a grand strategy and illustrate what are their choices?
2. The board of directors is responsible for setting a corporation's long-range objectives. Give an example of such an objective.
3. For which of a corporation's SWOT categories is the Issue Priority Matrix used? Give an example of an issue which would fit in the matrix.
4. Do the forces driving industry competition fall into all SWOT categories? If not, where does it fall? Explain why would a corporation care if there is a strong rivalry in their industry?