NEW
Font size
WorksheetsAnalysis of the critical strategic influencing factors
Total questions: 7
Worksheet time: 6mins
______________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
An ______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
