Business strategic management homework

CHAPTER 2

Q1/ Explain the four components of a mission statement as required by our class. GIVE AN EXAMPLE—CAN BE FOR/FROM YOUR INDIVIDUAL CASE.

Q2/ seq NL_a \r 0 \h Explain agency theory, its problems, and how to solve them. GIVE AN EXAMPLE

CHAPTER 3

Q1/ In class we discussed what some thought of as the PROS of Corporate Social Responsibility (CSR) and also what some thought of as the CONS of CSR.  Remember this takes into consideration the company--stockholders--stakeholders. Tell me what you consider to be the PROS and the CONS then express your PERSONAL VIEWPOINT.  Then of course GIVE AN EXAMPLE.

Q2/ Do you think a business organization in today’s society benefits by defining a socially responsible role for itself? Why or why not? GIVE AN EXAMPLE

CHAPTER 4

Q1/ Briefly describes TWO important recent changes in the remote environment of U.S. business in each of the following areas: a.) Economic. b.) Social. c.) Political. d.) Technological.

e.) Ecological

Q2/ Assume the invention of a competitively priced synthetic fuel that could supply 25 percent of U.S. energy needs within 20 years. Assumptions include: 1. It is an American invention, 2. It has government support. 3. Supply and price are steady.

In what major ways might this change the external environment of U.S. businesses? External being a.) Economic. b.) Social. c.) Political. d.) Technological. e.) Ecological.

GIVE AN EXAMPLE of each.

CHAPTER 5

Q1/ Explain when and why it is important for a company to globalize. GIVE AN EXAMPLE

Q2/ Describe the four main strategic orientations of global firms. One is ethnocentric. GIVE AN EXAMPLE OF EACH

CHAPTER 6

Q1/ What is the resource-based view of internal analysis? What are the three different types of resources? What are three ways resources become more valuable? GIVE AN EXAMPLE of each.

Q2/ Describe SWOT analysis as a way to guide internal analysis. How does this approach reflect the basic strategic management process? What are potential weaknesses of SWOT analysis?

CHAPTER 7

Q1/ Distinguish between the following pairs of grand strategies: You would only receive one of these pairs

a. Horizontal and vertical acquisition

b. Conglomerate and concentric diversification

CHAPTER 8

Q1/ What are three activities or capabilities a firm should possess to support a low-cost leadership strategy? GIVE AN EXAMPLE of a company that has done this?

Q2/ What are three activities or capabilities a firm should possess to support a differentiation-based strategy? GIVE AN EXAMPLE of a company that has done this?

Instruction:

I upload an attachment PowerPoint review from chapter 1-8 but don’t use the same words just have an idea.

Name of the book: STRATEGIC MANAGEMENT: Planning for Domestic & Global Competition, 13th Edition. Pearce & Robinson

ISBN: 0078029295 / 9780078029295

The answer has to be from your own words not the same the book or on the Internet with real life example for every question needed.