Chapter 2 The external environment: Opportunities‚ threats‚ industry competition and competitor analysis Knowledge objectives 1 Explain the importance of analysing and understanding the firm’s external environment 2 Define and describe the general environment and the industry environment 3 Discuss the four activities of the external environmental analysis process 4 Name and describe the general environment’s six segments Knowledge objectives 5 Identify the five competitive forces
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ACD/3/001 |1.Objective / Goal |Focus will be on concepts‚ models‚ tools‚ and skills that are essential for strategic management. | | |A key objective of the course is to provide a setting that facilitates the development and refinement of the | | |knowledge and skills that are necessary for managers in today’s fast moving‚ unpredictable‚ and highly competitive| | |business
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Problem: not working properly acquisition. "is it a problem of Gillette or Duracell?" no real growth no clear strategic direction " the company had gone nowhere for 4 years" External analysis Battery industry/alkaline battery industry Technological segment: new development General environment Global segment: potential market for emerging market‚ sony and panasonic go into US Entry barrier‚ paten is very important‚ we just have 3 players in American market suppliers: who are they
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The External Environment affects the internal operations of all businesses. What’s happening in the world of politics‚ economics‚ socially and technologically impacts how a business has to act in order to survive. External elements that affect the inner working of a business are known as PEST factors. ‘PEST’ is an acronym for Political‚ Economic‚ Social and Technological. Politics may affect the ability of a business to achieve its aims and objectives and changes in laws may mean a company has
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Commercial paper is an unsecured‚ privately placed‚ money market instrument issued in the form of a promissory note. Commercial paper can be issued by the following parties namely; corporate‚ primary dealers and the financial institutions that have been permitted to raise short term resources under the umbrella limit fixed by the central bank. The following are the eligibility criteria: The minimum tangible net worth should be as per the prescribed limit as per the latest audited balance sheet;
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1 to 10 of 58 results for Define External Factors Evaluation Efe Matrix Define External Factors Evaluation Efe Matrix 1. What is a Decision Matrix Description: Decision matrix: a decision-support tool allowing decision makers to solve their problem by evaluating‚ rating‚ and comparing different alternatives on multiple criteria Abstract: What is a Decision Matrix?. Also known as: decision-making matrix‚ solutions prioritization matrix‚ cost/benefit analysis matrix‚ problem/solution matrix
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ROLE PLAY BUSINESS MEETING Situation A condo sales agent is meeting with a family of three. These are first-time buyers who are shopping for a condo. They are at the sales office located next to the site of the future condo tower. Construction has not begun but a large billboard sign outside the sales office proclaims “over 80% sold - starting at $195‚000”. The four people sit down for their meeting inside the fashionably decorated office. Roles 1) Real estate professional This successful
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Ryan Fuller PHL 118 Tu/Th 9:30 Legalization of Marijuana Marijuana or cannabis is an illegal drug formed of the dried leaves and flowers of a plant called cannabis. Marijuana should be removed from the criminal justice system and be regulated in a manner similar to alcohol and tobacco. The legalization would benefit many people however‚ for now the substance is illegal in most of the United States. In fact in Michigan the possession of marijuana comes with up to a year of incarceration and
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Stakeholder For other uses‚ see Stakeholder. Internal and external stakeholders of a company A corporate stakeholder is a party that can affect or be affected by the actions of the business as a whole. The stakeholder concept was first used in a 1963 internal memorandum at the Stanford Research institute. It defined stakeholders as "those groups without whose support the organization would cease to exist."[1] The theory was later developed and championed by R. Edward Freeman in the 1980s
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The current Axe print advertisement in question is part of a global campaign to promote its new line of “Peace” products‚ trying to strike down the sexist image it had previously. Axe partnered with a non-profit organization called Peace One Day and aims to promote peace in the world by an anti-war agenda and also gender equality. An end to the gender wars. This is an example of using polysemy through the slogan “Make Love‚ Not War”‚ which is the use of the phrase to incorporate multiple meanings
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