Discussion Post
Question I
How is a global business strategy compiled? Include an examination of the importance of mission, vision, objectives, and valuesstatements. From there, discuss a minimum of three tools used to develop an effective global business strategy. Within this discussion, include insights on the role of leadership in this planning process.
Question II
Define competitive advantage and discuss the concept from the perspective of global business. Often, businesses use benchmarking to track their performance to assist improvement efforts. What are key performance indicators (KPIs), and how do KPIs apply in a benchmarking exercise?
Question III
Innovation has been called the holy grail of management. What does this phrase mean in the context of global business? How does a business build internal corporate entrepreneurship? How can a leader build aculture of innovation in a firm?
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.