Pestel model Studienführer, Klassennotizen & Zusammenfassungen

LATEST MNG3701 - STRATEGIC PLANNING : STRATEGIC ANALYSIS: ANALYZING THE EXTERNAL ENVIRONMENTS. UPDATED Importance of Analyzing the External Environment -Managers can mitigate threats. -Managers can leverage opportunities. -Gain understanding of potential impacts. -Understand the source / proximity of factors. The PESTEL Model -Groups environmental factors into six segments: --Political --Economic --Sociocultural --Technological --Ecological --Legal These factors can create: --O...

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...

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...

Competitive industry structure correct answers Elements and features common to all industries, including the number and size of competitors, the firms' degree of pricing power, the type of product or service offered, and the height of entry barriers. Complement correct answers A product, service, or competency that adds value to the original product offering when the two are used in tandem. Complementor correct answers A company that provides a good or service that leads customers to valu...

WPC 480 Final Exam Practice Questions and Answers With Complete Solution Latest 2023-2024. 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. What is sustainable competitive advantage? - Out...

MGT 8803 SUPPLY CHAIN EXAM QUESTIONS AND ANSWERS 100% PASS Strategy can be best described as the goal directed actions to gain and sustain ___? - high performance in advancing industry capabilities - superior performance in the markets in which the firm operates - long term financial profits and economic viability - operational improvements and product advancements - the earth's environment and the well-being of the communities in which the firm operates superior performance in the market...

*Disclaimer:- The MCQs do not guarantee pass mark in exams. Though, the content is verified based on the content available in Google, usage of the same is at your own risk. If you find any answers missing or identify anything wrong, please intimate for the benefit of the entire group. Corrections will be done accordingly. 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 strateg...

WPC 480 Final Exam Questions and Answers Complete Solution 2023-2024 | 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 com...

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 Collaborator...

WPC 480 Final Exam Complete Questions and Answers Updated 2024 Graded A+ 100% What is strategy? - ANSWER-An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. What are the 2 business analysis? - ANSWER-Internal and External. What are the 3 business strategies? - ANSWER-1) Cost, 2) Differentiation, 3) Innovation. What is competitive advantage? - ANSWER-Superior performance relative to other competitors in the same industry or the industry a...