Strategic Planning Questions

Answer each question in a clear and concise essay

1. What is meant by a disruptive technology? Provide several examples; Include winners as well as losers.

2. The minimum wage has been a part of recent discussion as it concerns government’s role in setting the minimum. Discuss the impact on a firms strategic planning process related to government mandates.

3. Give example of a focus differentiation strategy. What are the risks of such a strategy?

4. What is synergy? How does it reduce risk? Provide example of where synergy is harmful to a company.

5. Describe the chief competitive risks with a cooperative strategy.

6. What is meant by the balance scorecard? How does it relate to your chosen project?

7. In general, what is the role of entrepreneurship in the modern corporation?

3 pages. APA format