Question: 1. Describe the concept of core competency. Using the Prahalad and Hamel model, can quality be considered a core competency? Why or why not?
2. Describe the difference between "strategy content" and "strategy process." Describe examples of quality related strategy content and strategy process issues.
3. Describe the benefits of strategic planning.
4. Why is the forced-choice model particularly useful for companies that are relatively inexperienced in strategic planning? Explain your answer.