Porters five forces Study guides, Class notes & Summaries

Business Strategy - ANSWER-a bundle of decisions and acts which a manager undertakes and which decides the result of the firms performance. Strategic management - ANSWER-Planning for both predictable and unlikely contingencies. Business plan - ANSWER-A step by step guide a business puts in writing to achieve it's busy goals and objectives. 5 primary elements of a business plan - ANSWER-vision, mission, critical success factors, strategies and actions for objectives and a prioritized im...

Meaning behind the slogan of the "Double-Vee" strategy. Even before the United States became belligerent, the Pittsburgh Courier newspaper, the Brotherhood of Sleeping Car Porters, and the NAACP orchestrated a pivotal discussions of racial policies related to a possible war. For African Americans, victory would have to be a twofold, hence a "Double-Vee" strategy. Attitude of the Nation of Islam toward Black participation in the World War. They opposed black participation in the war,...

cost, differentiation, industry-wide, and focus CORRECT ANSWER porters four competitive strategies rivalry, threat of new entrants, bargaining power of suppliers, threat of substitutions, bargaining power of customers CORRECT ANSWER Porters 5 forces: 1. rivalry: for pizza in Bloomington, rivalry is strong because there are lots of different pizza places. 2. threat of new entrants: a threat is strong if it is easy to get into the market and affordable by most food trucks. it would be weak ...

L4M8 Procurement & Supply in Practice Exam Questions And Answers (Verified And Updated) How many stages are there within the CIPS Procurement Cycle? - answerThe CIPS procurement cycle has 13 stages: 1. Understand need and develop a high-level specification. 2. Market/commodity options including make-versus-but assessment. 3. Develop strategy/plan. 4. Pre-procurement market tests and market engagement. 5. Development of required documentation, e.g. request for quotation (RFQ). 6. Suppli...

The organization is trying to prevent some risks from occurring through training new hires and mitigating the impact of risk events that do occur by practicing certain procedures. A security-conscious organization requires all new hires to complete training on security policies and conducts annual "armed intruder" drills for all employees. What risk management strategies is this company using? (Workplace Module) - Answer Prevention and mitigation Michael Porter's Five (5) Forces - Answe...

Summary of the lectures and all the material that you need to know for the exam.

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EEE Exam 2 | 62 Questions and Answers 100% Verified (A+ GUIDE)

All of the CLASS NOTES for Module 02: Intro to Strategy as well as the COMPLETED EDWARD JONES CASE STUDY QUESTIONS. The notes are divided up by individual lectures. Important quotes from the professor are included in quotations. Major topics covered include (1) Sustaining a Competitive Advantage, (2) Porters Five Forces, and (3) Strategic Positioning.

ISDS 351 Exam Questions and Answers All Correct Michael Porter's Five Forces Model - Answer-1. Threat of new entrants 2. Threat of substitutes 3. Bargaining power of customers 4. Bargaining power of suppliers 5. Industry rivalry used to determine the level of competition and long-term profitability of an industry vision/mission statement - Answer-communicates an organization's overarching aspirations to guide it through changing objectives, goals, and strategies objective - Answ...