Answer the following problems.

problem 1) describe the concept of Strategy and point out its limitations.

problem 2) Enumerate the benefits and pitfalls of using the SWOT analysis.

problem 3) Identify the features of Business Strategy that would be appropriate under the following industry:

(a) Growth

(b) Decline

problem 4) Under what conditions can an organization decide to adopt disinvestment strategies? What approaches can be adopted?

problem 5) Discuss the importance of Strategic Changes for any two of the following organizational systems:

(a) Information.

(b) Control.

(c) Reward.