Business Strategic

Written Responses:

• Unless otherwise indicated, there is a 200 word minimum response required.
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1. What are some of the approaches a company can take to identify and prepare its people for important positions?
2. What is strategy implementation? What questions must strategy makers consider to begin the implementation process?
   
3. What is executive succession? Discuss the hiring of insiders versus outsiders, and provide examples of each.
   
4. List the six guidelines proposed for successful downsizing, and explain the importance of each one