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BUS 433 Week 1 DQ 1 Nature of Strategic Planning
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Nature of Strategic Planning. In a 250-300 word post, answer the following questions: What is strategic planning? How does it differ from other forms of planning? Why is the strategic planning process important to entrepreneurs in starting a new venture? Respond to at least two of your classmates’ postings.
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BUS 433 Week 1 DQ 2 Strategic and Entrepreneurial Thinking
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Strategic and Entrepreneurial Thinking. In a 250-300 word post, respond to the following: Provide a definition of entrepreneurial thinking. What role does entrepreneurial thinking play in strategic planning? Respond to at least two of your classmates’ postings.
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BUS 433 Week 1 Quiz
http://hwguiders.com/index.php?route=product/product&path=273&product_id=3334
BUS 433 Week 1 Quiz

1.

Question :

According to Porter, the diamond framework affects the competitiveness of ________ and ___________ as well as firms.


competitors, complementors

nations, regions

customers, suppliers

suppliers, competitors




2.

Question :

In new ventures, financial projections and risk analysis are part of a ___________.

strategic plan

corporate plan

business plan

loan plan
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7.

Question :

The evolution of ___________ is a critical element in the formulation of a company’s strategy.


resources

business strategy

corporate strategy

industry structures




8.

Question :

In the __________ stage of industry evolution, there is a shakeout among the competition.


embryonic

growth

maturity

decline




9.
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Question :

_____ ensures _______’s broad application.


invention, innovation

innovation, invention

innovation, exploitation

invention, exploitation




10.

Question :

The technology-push model of innovation starts with ___________.


discoveries in basic science and engineering

business venture

exploiting new technologies