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1- What is the relationship between corporate governance and social responsibility? Does a corporation have to act selflessly to be considered socially responsible? Use a specific example to explain your answer

2- The hierarchy of strategy indicates that a company should build a relationship between functional, business and corporate level strategies.

3- Explain the impact of environmental uncertainty on the strategic management process.

4- What kind of internal factors help managers determine whether a firm should emphasize the production and sales of a large number of low-priced products or a small number of high-priced products?

5- Is it possible for a company or business unit to follow a cost leadership strategy and a differentiation strategy simultaneously? Why or why not?

6- Use Porter’s 5 Forces Model to analyze the organic food industry.

7- Using TomTom company choose an actionable strategy within the TOWS matrix and develop a specific implementation plan for that strategy. Be specific in your discussion of what the company would have to do to implement that specific strategy.

8- Strategy implementation focuses on programs, budgets and procedures. Using TomTom company, evaluate their strategy implementation (from your personal perspective) in terms of the program(s) they have chosen to implement.

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