Strategic Planning

Question 1
Explain in max 400 words the pros and cons of “strategic planning”. In answering the question, leverage examples from industry or your experience.

Question 2
Explain the key principles of “Porter’s 5 Forces” framework and why this model is useful. In answering the question, leverage examples from industry or your experience. (400 words)

Question 3
Explain the key principles of the “Strategy Diamond” framework and why this model is useful. In answering the question, leverage examples from industry or your experience.