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Question #1. What steps need to be taken before we implement an organizational strategy? Why 

are time frames so important to the implementation of an organizations strategy? 

What role does the sequence of execution play?

Question #2. What phases does a product go through during its life cycle? Is it possible for 

an organization to avoid the eventual decline phase of a product or service? 

Why? If so or not, how would your strategic planning process be affected?