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1. Determine which stage of the strategic
management plan is the easiest. Defend your
choice and explain why using at least two
examples and detail where applicable.
2. Assess the major components of an effective
mission statement. Which do you find to be the
most important? Explain why.
3. According to Michael Porter, what are the five
competitive forces that create vital opportunities
and threats for organizations? Which force do you
feel is most important in the computer industry
today? Why?
4. What four basic steps comprise the controlling
function of management? Why is an
understanding of the four steps important in
strategic management?
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