1. What are the advantages of person-focused pay for the employee? For the employer? What are the disadvantages for the employer?
2. Explain functional strategies and the reasons a business may need to focus on each of the strategies.
3. Explain the purpose of a mission statement analysis
4. Describe and explain the purpose of a SWOT analysis
5. Describe and explain the purpose of an IFAS, EFAS and SFAS. What role do the exercises play in formulating strategies?