Explain the important role of strategic planning

1. The impact of globalization and the Internet presents real challenges for corporate strategic planners across the world. What is the impact of globalization and the Internet on the corporate world? Explain the important role of strategic planning in today’s competitive business world in light of these two forces?

2. Explain the Sarbanes-Oxley Act and its impact on corporate governance. How has it changed the way we do business in the United States? Please include an example to support your viewpoint.

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