Pestel analysis - Samenvattingen, Notities en Examens

WPC 480 Comprehensive Final Test || With 100% Correct Solutions (Rated A+) WPC 480 Comprehensive Final Test || With 100% Correct Solutions (Rated A+) What is the primary value to a strategic analyst of doing a PESTEL analysis? - ANSWER - Identifies external conditions that can have an effect on competitiveness. What is the most important information a strategic analyst can obtain by doing an industry structure analysis? - ANSWER - Who gets the profits produced by industry members. Th...

Perform Qualitative Risk Analysis prioritizing , assessing RISKS probability and impact occurrence . Perform Qualitative Risk Analysis key benefit : 1-level of uncertainty reduction 2-high priority focus Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Brainpower Read More Perform Qualitative Risk Analysis process - rapid - cost effective - laying quantitative and plan response foundations prioritize r...

The Four P's of Marketing - Answer-1. Product 2. Pricing 3. Place 4. Promotion The Fifth P of Marketing - Answer-Purchaser Industrial Products - Answer-Sold to a business Consumer Products - Answer-Sold to consumer Product Life Cycle - Answer-Product Development Introduction Growth Maturity Decline Market Segments - Answer-Groups of people who share one or more of the following characteristics: Geographic Demographic Psychographic Behavioral Four Pricing Strategies - Answer-1. ...

WPC 480 Final Exam Questions and Answers Latest Updated 2024 (Graded A+) What is strategy? - An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. 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 a...

Core Competencies embedded strengths enabling value-creation Capabilities strategically orchestrating diverse resources Resources assets leveraged for strategy/ formulation Looking Inside the Firm for Core Competencies Competitive advantage derives from core competencies, which enable: 1. Differentiation of products/services creating perceived value, or 2. Cost leadership - offering products/services of comparable value at lower cost (Diagram) Looking Inside the...

CFI CBCA Core Course Exam Questions And Answers (Verified And Updated) What is the main goal of using business writing fundamentals? - answerTo reduce mental effort Which of the following statements describes a "Capacity" strength or weakness for a company in the 5 Cs of credit framework? - answerThe net profit margin ratio is high. Which of the following statements describes a "Condition" strength or weakness for a company in the 5 Cs of credit framework? - answerThe risks associated...

Ackbar, Inc. has had high growth in profits for several years, and each year it has had the highest profits ever. What can you assess about Ackbar's strategic competitive advantage? Can assess nothing about competitive advantage. Firms that outperform all their competitors must have a high quality strategy. False It is not rare that a CEO of a large, public organizations will be given a raise and/or bonus even though the profitability of the firm has been negative for several ye...

Environment correct answers consists of the set of external conditions and forces that have potential influence on the organization What are some examples of outside conditions and forces that could influence an organization? correct answers Customers, Rivals, Economic Conditions, Events (weather-related) 3 Reasons why the Environment matters: correct answers 1. Source of Resources: inputs, capital, labor, and customers 2. Source of Opportunities and Threats: 3. Shapes Strategic Decisio...

strategy - Answer-a set of goal-oriented actions a firm takes to gain and sustain superior performance relative to competitors strategic management - Answer-combines analysis, formulation, and implementation in finding competitive advantage mastry= view organization as a whole competitive parity - Answer-two or more firms perform at the same level strategic positioning - Answer-position in industry that allows firms to provide value to customers, while controlling costs mission - Answer-...

Тhe consideration of the factors provides information about the competent reaction and adaptation of the company to the possible changes and their reflection on the business. Analysing political uncertainty and instability contributes to minimising potential negative consequences for businesses and provides time to the company for adaptation to possible future changes. The knowledge of statistics by the National Office of Statistics and the monitoring of potential changes in the laws is an impo...