Basic Concepts of Strategic

Management
Chapter 1
<Company Name Here>
<Team Member Names Here>

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 1. Globalization and electronic commerce are described as major challenges to
strategic management. To what extent do you think that these factors present
challenges and/or opportunities for your company (Wheelen & Hunger, 2008, p. 6)?

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 2. Describe your company’s mission statement, vision and values. Evaluate the
mission statement against the “good mission statement” criteria in your text
(Wheelen & Hunger, 2008, p. 13).

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3. Identify any clear policies your company has? (Wheelen & Hunger, 2008, p. 15 - 16)
Be prepared to discuss the significance of the policies.

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4. Has your company experienced any “triggering events” in the recent past (Wheelen
& Hunger, 2008, p. 18 - 19)?

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