BIZStrat STRATEGIC MANAGEMENT
Quiz 2, Spring 1995

Quiz 2

NAME:

Quiz #2

PLEASE ANSWER FULLY:

1. Since strategy deals with both external and internal environments, describe several key concepts that must be dealt with.

2. What are the significant differences between viewing the strategic management process as one that is formalized versus improvised?

3. What are the various ways of describing the concept of planning? What are some problems associated with some of these definitions?

4. Try your hand at this: Describe (draw, if you wish) the system at work in the filling up of my cup to a designated point.