Explain the nature and role of ESOPs (Employee stock options) in strategic management.

1. Explain the nature and role of ESOPs (Employee stock options) in strategic management.

2.Describe at least five issues that may require a management policy as a component of its strategic management process.
3.List and discuss four major reasons annual objectives are essential for strategy implementation.
4.There are three major approaches for managing and resolving conflict in an organization. Define these three approaches and give an example of each.
5. CASE STUDY:Read the Assurance of Learning Exercise 8A and 8B on page 282 of the textbook. Prepare a product positioning map,and perform the EPS/EBIT calculations given in 8B. Discuss, in a two-page APA formatted paper, how the product positioning is aligned with McDonald??s corporate strategy. Identify potential gaps in the product line or weaknesses inpositioning. Describe the relevance of the EPS/EBIT chart and why it is significant with respect to strategy implementation.