Module 2: Planning Lesson 4: Strategic Planning Please refer to the case study: Sappi limited on pg 125 in your textbook. Case Study Questions 1. Comment on Sappi's vision and mission statements from an academic perspective. 2. Compile a BSC for Sappi, based on the information provided above a well as your own input. 3. Identify the type of strategy that Sappi wants to implement. Comment on how well this strategy is aligned with Sappi's mission statement. 4. Based on the information provided on Sappi above, on which strategic planning element could you not find information? Paragraph Questions Question 1 Explain what a mission statement encompasses by looking at the following: What a mission statement is The core components of a mission statement Additional components of a mission statement Question 2 Explain what the resource-based view of an organisation encompasses. Question 3 Diagrammatically depict the process that can be followed to build a scenario of the future for an organisation facing profound changes in the business environment. Question 4 Diagrammatically depict the four dimensions of the Balanced Scorecard (BSC) an briefly explain each of the dimensions. Question 5 State the differences between the following corporate combination strategies: Joint venture Strategic alliance Merger Acquisition Essay Question Diagrammatically depict - and explain - the components of the strategic planning process to convince a critic of strategic planning of the value of this management approach to a contemporary business organisation facing a changing business environment.