Strategy Analysis in Business

Strategy Analysis in Business

Assessment

Flashcard

English

KG

Hard

Created by

batlile mphahlele

FREE Resource

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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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