Question 1: Please briefly describe the major steps of the Strategic Management Process and the key elements of strategy
Question 2: Please describe how the VRINE model is used to evaluate a firm's internal resources.
Question 3: Who are a firm's stakeholders? Why are they important?
Question 4: What is corporate-level strategy? What is business-level strategy? What are the questions that each level strategy asks?
Question 5: What are the three perspectives of competitive advantage? Please briefly explain each perspective.