BUS 433 Week 1 to 5 entire course
BUS 433 Week 1 to 5 Final Paper
Strategic and Entrepreneurial Thinking
Select a company and in a 250-300 word response, identify what you believe are the company’s “listening posts” (key opportunities) for getting feedback from the external environment. Could the company expand its listening posts? How?
In planning, one component to explore is how an entrepreneurial organization’s internal competencies help to achieve a strategic advantage in the marketplace. In a 250-300 word response, answer the following: What steps/actions would an entrepreneur take to determine whether the entrepreneurial venture has the appropriate internal competencies to achieve competitive advantage?
In a 2-3 page paper, identify an organization that has changed its strategy (example: moving from differentiation to low cost) in the marketplace. Why do you think the company has made its strategic change? How did it determine the appropriate time to make the change? What have been the results? Use at least three references, two from ProQuest.
In a 250-300 word post, answer the following questions: Are there different ethical risks an entrepreneur faces if entering a market in a developed country as compared to a market in an undeveloped country? Identify those ethical risks. What recommendations would you make to such an entrepreneur about ethical risks?
Process of Innovation
Respond to the following in a 250 -300 word post: Discuss the four main elements needed to bring an innovative idea to the marketplace. What are then some of the difficulties facing successful innovation?
Select an industry. In a 250-300 word response, describe the strategic turning points that caused change in the industry. Identify and describe how one company within the industry successfully reacted to the need for change.
Challenges to Industry Giants
In your lifetime, do you think companies such as Coke, McDonald’s, or Google will be overtaken by new, entrepreneurial companies? In a 200-250 word response, indicate why you selected your answer.