Strategic Planning Analysis Tools and Techniques

What can lead to a crowded industry where many new competitive rivals start appearing regularly?

• Intensity of Competitive Rivalry

• Threat of New Entrants

• Bargaining Power of Suppliers

What is the type of benchmarking where in you observe the best practices of other teams and organizations within your company?

• Internal Benchmarking

• Competitive Benchmarking

• Strategic Benchmarking

What is the most important section of your industry analysis? This is where you explain who your ideal customer is.

• Competitor

• Pricing and Forecast

• Target market

What is the process where you measure your company’s success against other similar companies?

• Strategic Benchmarking

• Balanced Scorecard

• Benchmarking

What anticipates future events to recognize risks and opportunities - Prior to forming any strategic plans?

• Forecasting

• Scanning

• Monitoring

What is a strategic analysis tool designed to help organizations uncover and protect the resources and capabilities that give them a long-term competitive advantage?

• Value Analysis

• VRIO Framework Analysis

• PEST/PESTLE Analysis

What is a useful tool for understanding the “big picture” of the environment in which you are operating?

• PEST/PESTLE Analysis

• Resource Analysis

• Environment Analysis

What factor in PESTLE Analysis does the sentence below belong?

"Closure of local firms providing employment"

• Political

• Economic

• Social

• Technological

What factor does not belong to Location and Site Development in Technical Analysis?

• Proximity of Land to Markets

• Availability of Raw Materials

• Outdoor works

What is a process that helps you identify opportunities and challenges, both internal and external to your organization/service or product by defining the scope of a problem?

• Situation Analysis

• Market Analysis

• Resource Analysis