Business A Level Edexcel Definitions: Theme 3 Business Decisions and Strategy 3.1-3.2 Latest Update 2022
Business A Level Edexcel Definitions: Theme 3 Business Decisions and Strategy 3.1-3.2 Latest Update 2022 aims - ANS-a broad picture of where the business should be heading. Objectives are based on this ansoff's matrix - ANS-grid showing risks and rewards of ambition beyond boosting sales of existing brands in existing markets competitive advantage - ANS-a sustainable edge that gives one business a long-term advantage over its rivals, e.g: a patented product competitive environment - ANS-the number, the size, power of the rivals you face in your market corporate objectives - ANS-targets for the whole business (probably SMART), from which functional objectives can be set corporate strategy - ANS-the medium long-term plan for how the business is to achieve its corporate objectives cost minimisation. CONTINUES...
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- Business A Level Edexcel Definitions: Theme 3 Busi
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- Business A Level Edexcel Definitions: Theme 3 Busi
Document information
- Uploaded on
- December 12, 2022
- Number of pages
- 3
- Written in
- 2022/2023
- Type
- Exam (elaborations)
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- Questions & answers
Subjects
- aims
- competitive advantage
- competitive environment
- corporate objectives
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business a level edexcel definitions theme 3 business decisions and strategy 31 32 latest update 2022
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ansoffs matrix
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