1) Briefly describe the four basic elements of strategic management

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1) Briefly describe the four basic elements of strategic management.

2) Does a corporation have to act selflessly to be considered socially responsible?

3) What is a strategic decision and what are its three characteristics? Please include an example of a strategic decision from your place of work that supports your response.

4) What are the responsibilities of the board of directors? Please provide an example of a board of directors that did not meet its responsibilities.