

Strategy Analysis in Business
Flashcard
•
English
•
KG
•
Practice Problem
•
Hard
batlile mphahlele
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10 questions
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1.
FLASHCARD QUESTION
Front
What does PESTLE analysis stand for?
Back
Political, Economic, Socio-cultural, Technological, Legal, Environmental
2.
FLASHCARD QUESTION
Front
What is the primary objective of a business unit strategy?
Back
To enable the business unit to differentiate itself from competitors
3.
FLASHCARD QUESTION
Front
What are the key components of operational strategy?
Back
Tactics, processes, and systems
4.
FLASHCARD QUESTION
Front
What are the influences of the external environment?
Back
Opportunities and threats
5.
FLASHCARD QUESTION
Front
What is the impact of government policies on the business environment?
Back
They can significantly affect how organizations operate
6.
FLASHCARD QUESTION
Front
What factors contribute to the threat of new entrants in a market?
Back
Low barriers to entry and low switching costs
7.
FLASHCARD QUESTION
Front
What does high supplier power indicate?
Back
Suppliers have significant influence over prices
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