Innovation, Sustainability, and the Global Market, discussion help
There are four discussion questions. Each discussion question response needs to be between 125-175 words. Please include the question with the response in the completed work. Thanks!
DQ 1
What is a corporate strategy? Why is it important for a small business to identify a corporate strategy? What are possible consequences that a small business may experience if it does not have a defined corporate strategy?
DQ 2
What is the difference between horizontal growth and vertical growth? Name a real-world company that focuses more on horizontal growth and a company that focuses more on vertical growth. Why do these two companies choose different growth strategies?
DQ 3
Define risk and how it affects the strategy planning process. In relation to innovation, sustainability, and the global market, how would you decide whether a risk is worth taking the chance on when to create a strategic plan?
DQ 4
How has the growth in globalization affected corporate strategy in the United States? Consider this growth from perspectives such as outsourcing, taxes, competition, finances, and so forth.