ANSWER ALL THE Q.
1. Why strategy is both an art and a science? Please explain in detail 3
2. Please explain the components of strategic formulation 7
3. What are the strategy implementation steps 10
4. What might be the most important internal strength or weakness of a company? why?
5. Why we need to integrate intuition and analysis for SF?
6. Define Strategic Management 19, 20
7. Please explain difference between advantage and competitive advantage
8. Why some companies do not make strategic planning: please mention 5 reasons
9. What are the 5difference between military and business strategy?

10. What happen to IBM between 1993 and 1996? What about regarding its vision?
11. What is the internal and external function of both vision, mission?Whyvision/mission is important in SF/SI?
12. What are the most 5 important mission components of your company?
13. Link between Leadership, Vision, Mission and Organizational Culture? Why vision and mission is part of the firm culture?What is the importance of firm culture in strategy implementation?

14. What are the external factors and why there are beyond the control of a single firm? Please give examples of such factors
15. What are the key questions concerning competitors? Please mention 5.
16. What are the five forces of competition?
17. Are new competitors same as substitute products/services?
18. Please explain CPM, the competitive profile matrix, and why it is important
19. What is Darwin –exactly- telling us about competition? Do you agree?
20. Please explain the differences between resources-based view and industrial organization (IO) views.
21. Why it is important to apply the five forces and the CPM to any business or non-business project?

22. Define distinctive competencies
23. Give example of 10 organization culture 10
24. Please explain the resources-based view theory
25. What is the differences between HR and Org. resources for Resources Based view
26. In which way Strategy and Culture are integrated in organizational culture?
27. Explain the planning as one of the 5 functions of management
28. Is management an internal strength or a weakness? Please explain in both cases
29. Based on key internal forces, what makes a firm distinctive from competitors
30. Provide 3 basic financial ratios