Discussion questions

 Discussion Questions (No citations needed, opinion based) 60 word count
-What are the steps in the strategic management process?
-Why is strategic planning important to the organization?
-How does strategic planning help the organization?
-Who is responsible for a business strategy?
-Who benefits from a good business strategy?
-What are the key elements of an external analysis and why is an external
analysis important to a strategic plan?
-What are the key elements of an effective internal analysis and why is an
external analysis important to a strategic plan? -Why is it important for a firm to accurately determine what industry it is in?