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Question 1A strategy is identified as the general direction that is set up or taken by a company to achieve a desired state in the future. A strategy is important since it helps companies foresee the future hence making it able to deal with the future uncertain events that constitute the business environment. Additionally, strategy deals with long term development projects as opposed to routine operations. Within the COVID-19 global pandemic wake, companies face the common barriers in their attempt to execute their strategy the existence of no plan. It is more likely to achieve a goal or a plan if they are documented. It is, therefore, important to replace executives with entrepreneurs who have more organizational awareness. Question 2 Within the five forces of the model of completion, hig...
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