The pestel model - Study guides, Class notes & Summaries

MGT 8803 SUPPLY CHAIN EXAM QUESTIONS AND ANSWERS 100% PASS Strategy can be best described as the goal directed actions to gain and sustain ___? - high performance in advancing industry capabilities - superior performance in the markets in which the firm operates - long term financial profits and economic viability - operational improvements and product advancements - the earth's environment and the well-being of the communities in which the firm operates superior performance in the market...

MGMT 489 Chap 3 Exam Questions With 100% Correct Answers 2024/2025 Which of the following helped Airbnb develop a successful business in the peer-to-peer rental space? - answer-presenting a well-designed website -fortuitous timing that led to growing demand -developing a smooth transaction between hosts and guests When managers understand the forces in the external environment, they are better able to ______. - answermitigate threats and leverage opportunities In the PESTEL model, politi...

Marketing - Creation and satisfaction of demand for a product or service. Digital Marketing - Utilizing the internet and other digital channels to drive demand for products and services Strategy - Set of ideas that outline how a product or brand will meet its objectives Tactic - A specific action or method that contributes to achieving a goal. Components of GOST strategy - Goals Objectives Strategies Tactics What are the Five Cs? - Customers Company Collaborators Competitors...

MGMT 489 Chap 3 Exam Questions With 100% Correct Answers 2024/2025 Which of the following helped Airbnb develop a successful business in the peer-to-peer rental space? - answer-presenting a well-designed website -fortuitous timing that led to growing demand -developing a smooth transaction between hosts and guests When managers understand the forces in the external environment, they are better able to ______. - answermitigate threats and leverage opportunities In the PESTEL model, politi...

Strategy integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage. - set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors Vision A picture of what the firm wants to be and, in broad terms, what it wants to achieve - What do we want to accomplish? Mission Specifies the businesses in which the firm intends to compete and the customers it intends to serve...

WPC 480 Final Exam Practice Questions and Answers With Complete Solution Latest 2023-2024. What are the 2 business analysis? - Internal and External. What are the 3 business strategies? - 1) Cost, 2) Differentiation, 3) Innovation. What is competitive advantage? - Superior performance relative to other competitors in the same industry or the industry average. How do you assess competitive advantage? - Compare firm performance to a benchmark. What is sustainable competitive advantage? - Out...

Strategy An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantages. Vision What do we want to accomplish? Mission How do we accomplish our goals? And what do we do to accomplish our goals? Stakeholders organizations, groups, and individuals. They can affect or are affected by a firm's actions. Competitive Advantage superior performance relative to other competitors in the same industry or the industry average. Sust...

MAC4863 Assignment 3 (COMPLETE ANSWERS) 2024 (504821) - DUE 20 May 2024 ;100% TRUSTED workings, explanations and solutions. ............ Question 1 (25 marks) (This question comes from the Jan/Feb 2024 supplementary exam) Eagle Logistics (EL) was started many years ago when its founder Amir Singh, invested his retrenchment package into establishing the business. Amir has retired and handed over the business to his two sons, Hassan and Rohan. EL is a specialist in international logistics solution...

WPC 480 Final Exam Complete Questions and Answers Updated 2024 Graded A+ 100% What is strategy? - ANSWER-An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. What are the 2 business analysis? - ANSWER-Internal and External. What are the 3 business strategies? - ANSWER-1) Cost, 2) Differentiation, 3) Innovation. What is competitive advantage? - ANSWER-Superior performance relative to other competitors in the same industry or the industry a...