1
Q
Elkingtons triple bottom line concerns
A
People,Profit ,Planet
2
Q
Carrols pyramid ( bottom up )reads
A
Economic
Legal
Ethical
Philanthropic
3
Q
Porters five forces is used for
A
A framework for analysing the nature of competition within an industry
*Helps understand & assess industry profitability & attractiveness
4
Q
Porters five forces are..
A
bargaining power (suppliers
Bargaining power ( buyers
Threat of new enterants
Rivalry
Threat of substitute products
5
Q
Ansoffs matrix features
A
New markets-market develoment, diversification
Existing markets- market peentration,product development
Business A2
flashcards
Decks in class (20)
# Cards
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3.7.1 Mission, corporate objectives and strategy17
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3.7.2 Analysing the existing internal position of a business strengths and weaknesses financial ratio analysis3
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3.7.3 Analysing the existing internal position of a business to assess strengths and weaknesses: overall performance1
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3.7.4 Analysing the external environment to assess opportunities and threats: political and legal change4
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3.7.5 Analysing the external environment to assess opportunities and threats: economic change0
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3.7.6 Analysing the external environment to assess opportunities and threats: social and technological0
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3.7.7 Analysing the external environment to assess opportunities and threats: the competitive environment0
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3.7.8 Analysing strategic options: investment appraisal0
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3.8.1 Strategic direction: choosing which markets to compete in and what products to offer0
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3.8.2 Strategic positioning: choosing how to compete0
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3.9 Assessing a change in scale0
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3.9.2 Assessing innovation0
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3.9.3 Assessing internationalisation0
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3.9.4 Assessing greater use of digital technology0
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3.10.1 Managing change0
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3.10.2 Managing organisational culture0
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3.10.3 Managing strategic implementation0
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3.10.4 Problems with strategy and why strategies fail0
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3.7.3 Analysing the existing internal position of a business to assess strengths and weaknesses: overall performance0
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3.7 Models5
