1. What are three distinctive attributes of strategic and operational planning?
2. Summarize the advantages and disadvantages of mergers and acquisitions as a means of diversification.
Discuss how the potential benefits of diversification may be adversely affected by conflicts between manager interests and stockholder interests. Hint: Egotism, growth for the sake of growth, antitakeover tactics.
3. Employers like Ford Motor Company increasingly prefer giving annual profit –sharing plans to merit or ACR plans, why?