Pestel analysis Study guides, Class notes & Summaries

With the increasing presence of Internet e-commerce sites, the force of customers has correct answers leveled off. To evaluate an organization's internal opportunities and threats, management can conduct a PESTEL (political, economic, sociocultural, technological, environmental, and legal) analysis. correct answers 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'...

ACCA SBL Test Bank 2023-2024 Exam Questions with Complete Solutions What structure for Ethical considerations? - ANSWER Tucker's 5 Questions What structure for deciding strategy on public sector projects - ANSWER Public Sector Portfolio Matrix ACCA - 5 Skills? - ANSWER Commercial Acumen -Judgement - Awareness Analysis -Investigate -Enquire -Consider Communication -Inform -Persuade -Clarify Evaluation -Assess -Estimate -Appraise Scepticim...

* Subject 1--Strategic Management—Compiled by Niraja Set 1:- Q1. Which of the following are typically seen as being associated with strategic decisions? Q2. Which strategy is about how to compete successfully in particular markets? Q3. A group of managers is considering pricing strategy and differentiation. At which level of strategy are the managers most likely to be working? Q4. An organization’s general expression of its overall purpose is known as its: Q5. Which of the followin...

WPC 480: M1-M13 QUESTIONS AND ANSWERS 100% PASS The purpose of strategy in business is to do what? To create and provide the business with sustainable competitive advantage The difference between strategic decisions and tactical decisions is one of degree. The characteristics that differentiate between a strategic decision and a tactical decision is based on which of the following. Amount of available resources consumed by the decision, Ability to reverse the decision and Temporal im...

The two business models we reviewed—Industrial Organization and Resource-Based—focus, respectively, on _____ and _____ analysis: - external; internal What is the primary objective of a company strategy? - Achieving sustainable competitive advantage. Below are several statements from companies. Which of these is a vision statement? - Habitat for Humanity: A world where everyone has a decent place to live. A mission statement can describe: - what the company does in terms of its customers...

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...

Well-structured DPR1506 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). QUESTION 1: Theoretical foundations of public relations writing 1.1. As a public relations writer, you should view persuasion in three basic ways. The first is a learning process, providing information to your target audience. The second is a power process, during which you force information on the audience. According to the third view, persuasion is an emotion...

AFI strategy framework correct answer: A model that links three interdependent strategic management tasks—analyze, formulate, and implement—that, together, help managers plan and implement a strategy that can improve performance and result in competitive advantage. PESTEL model correct answer: A framework that categorizes and analyzes an important set of external factors (political, economic, sociocultural, technological, ecological, and legal) that might impinge upon a firm. These fact...

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 advantage? Compare firm performance to a benchmark. ...

WPC 480 Final Exam Questions and Answers Latest Update 2023-2024 | 100% Verified. 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? - Outperforming competitors or the industry average over a prolonged period of time. What is competitive disadvantage? - Underperformance relative to other...