Question 1. How can a corporation's life cycle be extended?
Question 2. What is strategy implementation? What questions must strategy makers consider to begin the implementation process?
Question 3. What is reengineering? What are the seven principles for reengineering proposed by Michael Hammer? Explain which principle is most important in your opinion.
Question 4. List the six guidelines proposed for successful downsizing, and explain the importance of each one.