Pestel - Study guides, Class notes & Summaries

BCOR 2304 Study Guide Questions and Answers 100% Pass Which of the following questions would a firm's business strategy ideally answer? Where should we compete? How should we compete? How should we implement the functional strategy? Why should we compete? - How should we compete? Which of the following does a firm possess when it can outperform other firms in the same industry or the industry average over a prolonged period of time? strategic positioning long-term capital gain cons...

QHT1 Apply the PESTEL framework for Ford Motors. Identify 1-3 factors for each of the foll QHT1 Apply the PESTEL framework for Ford Motors. Identify 1-3 factors for each of the following: ï‚·Political Factorsï‚·Economic Factorsï‚·Sociocultural Factorsï‚·Technological Factorsï‚·Environmental Factorsï‚·Legal Factors.

With the increasing presence of Internet e-commerce sites, the force of customers has leveled off. To evaluate an organization's internal opportunities and threats, management can conduct a PESTEL (political, economic, sociocultural, technological, environmental, and legal) analysis. False A branch manager for a national car rental company is in the process of conducting a SWOT analysis for her location. Which of the 5 Ps can she examine using the company's inventory management...

WPC 480 (FINAL) EXAM REVIEW 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 ...

Ch.3 Strategy Question and answers already passed Bargaining power of buyers is weaker when buyer costs of switching to competing products are low. buyers have the ability to postpone purchases. buyers are large and few relative to the number of industry sellers. buyer demand is weak in relation to industry supply. buyers are not very price-sensitive. - correct answer buyers are not very price-sensitive. Rivalry among competing sellers increases when buyer costs to switch bran...

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...

UARK MGMT 3013 Final Review Questions and Answers 100% Pass PESTEL Model - framework that categorizes and analyzes an important set of external factors that can affect a firms potential to gain and sustain a competitive advantage -*P*olitical - government, laws and regulation -*E*conomic - interest rates, currency exchange, price stability -*S*ociocultural - societies, culture, norms, values -*T*echnological - innovations in product/service -*E*cological - environment issues, pollution,...

Importance of Analyzing the External Environment correct answers -Managers can mitigate threats. -Managers can leverage opportunities. -Gain understanding of potential impacts. -Understand the source / proximity of factors. The PESTEL Model correct answers -Groups environmental factors into six segments: --Political --Economic --Sociocultural --Technological --Ecological --Legal These factors can create: --Opportunities --Threats Political Factors correct answers -Processes &...

GMS 522 Chapter 1 UPDATED ACTUAL QUESTIONS and CORRECT Answers International marketing - CORRECT ANSWER - the process of planning and conducting transactions across national borders to create exchanges that satisfy the objectives of individuals and organizations. Liability of foreignness - CORRECT ANSWER - The inherent disadvantage that multinational firms experience when operating in a new host country (PESTEL, cost, consumer resistance

WPC 480 Exam 1 Latest Update Graded A+ 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 in...