Summary
MAC4862 - summary
- Institution
- University Of South Africa (Unisa)
Very detailed notes to the whole syllabus to pass CTA.
[Show more]
Content preview
Strategy:- Lose clients
A) Internal - Lose sales
SWOT
S Strength Opportunity O
- Human competencies - Market
- Unique products - Competition
Internal - Performance of the business - Technology External
W Weaknesses Threats T
- Huge debt - Price wars competitors
- Wastage material - Strikes
- Poor/ Complex decision making
- ↑/ ↓ in demand
B) External
1. PORTERS 5 FORCES
1 Competitive rivalry Size & Quantity
2 Barriers to enter Costs
3 Threat substitute Same needs of entities
4 Buyer power
5 Supplier power
2. PESTEL ANALYSIS - negative impact on profitability?
P Political Corruption/ Tax/ Laws/ Government
Interest/ Inflation/ Unemployment rate/
Economical
E Business cycle
Age/ Education/ Health/ Unaffordable/
Social
S Slow population growth
T Technical Changes internet/ IT lifecycle
E Environmental Waste/ Exchange rate/ ↑ infla on
L Legal Tax/ Health & Safety/ New regulations
C) Competitive advantage
STRATEGIC POSITION
Cost leadership Firm = low-cost producer
Protects firm against price wars
Reduces risk if produces at $ lower than other entities
* Economy of scale
* Low research and development
* ↓ Inventory write off
Differentiation Develop unique goods/ services
* Focus on quality
* Timing of delivery
* Warranties
Focus Niche products
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller KBee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R190,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
53068 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now