Analysis of the critical strategic influencing factors

______________is mankind’s social system that includes general forces that do not directly touch on the short-run activities of the organization, but that can influence its long-term decisions.

• 5 Forces of porter

• The societal environment

• Global warming

• Industry competition

The ______ analysis is a tool used to map the external factors that impact an organization

• Supply/Demand

• Competition

• STEEP/PESTEL

• Macro/Micro

Economies of scale,Product differentiation and Capital requirements are examples of:

• Barries to enter a market

• Economical challenge

• The rivalry among companies

• External factors

____________is the degree of complexity plus the degree of change that exists in an organization’s external environment. As more and more markets become global, the number of factors a company must consider in any decision increases in size and difficulty.

• International Management

• Factor analysis

• External forces

• environmental uncertainty

ŸAn ______is a group of firms that produces a similar product or service, such as soft drinks or financial services. An examination of the important stakeholder groups, like suppliers and customers, in a particular corporation’s task environment is a part of industry analysis

• Joint venture

• Industry

• Corporation

• MNC

A__________product is a product that appears to be different but can satisfy the same need as another product

• Fake

• Advantageous

• Substitude

• Cheaper

What could be a sixth force in porter's analysis?

• The Bargaining Power of Suppliers

• The Bargaining Power of Buyers

• The Relative Power of Other Stakeholders

• Rivalry among Existing Firms