problem 1: Compare and contrast, using illustrations to support your answer, defensive strategies that a company could adopt.

problem 2: How can delegation of authority contribute to efficient strategic management?

problem 3: Describe the relationship between annual objectives and policies.

problem 4: How can an organization overcome resistance to changing its strategy?

problem 5: Describe the approaches available to establish the total worth of a business.

problem 6: Some firms don’t engage in strategic planning. Why is this?

problem 7: Outline the elements of Porter’s Five Forces Model of competitive merits and describe its continuing relevance in the modern business environment.

problem 8: Describe the significance of vision and mission statements to an organization.