1. Explain in what sense the top management makes the company’s decisions and in what sense it does not make the company’s strategic decisions alone? Illustrate with suitable examples.
2. Differentiate between goal and an objective giving examples. Explain why is it essential that the objectives of an organization be verifiable.
3. Identify two firms of your choice. One that is in a single business and one that has several related businesses. Using the published information available on the firms identified, explain the advantages and disadvantages of the corporate profile each company has.
4. Identify two companies that are currently in the process of merging. Try to read the published information on the two companies. Based on your research identify the problems the two companies are currently facing in combining their respective organizational cultures. What in your opinion can be other problems which might arise in future?
5. Discuss the relationship between a business’s level of operations and it market share goals in terms of the macroenvironment. Illustrate with the help of examples.