Would strategic-management concepts and techniques benefit foreign businesses as much as domestic firms?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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1. Would strategic-management concepts and techniques benefit foreign businesses as much as domestic firms? Justify your answer

2. How often do you think a firm’s vision and mission statements should be changed 


3. Let’s say your boss develops an EFE Matrix that includes 62 factors. How would you suggest reducing the number of factors to 20


4. If a firm has zero debt in its capital structure, is that always an organizational strength? Why or why not


5. If a company has $1 million to spend on a new strategy and is considering market development versus product development, what determining factors would be most important to consider


6. How would for-profit and nonprofit organizations differ in their applications of the strategy formulation
framework

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