Flashcards
Strategic Analysis
Cards in this deck (8)
- 1What are the stages included within Porters 5 Forces?Competitive Rivalry
Threat of Entry
Threat of Substitution
Buyer Power
Supplier Power - 2What is the purpose of a PESTEL Analysis?The PESTEL analysis assesses the external environment and determine how certain factors are likely to affect the business in the long-term
- 3What is the purpose of Porters 5 Forces? How is it measured?Porters 5 Forces framework assesses the attractiveness of an industry. It is measured on a high/low scale. Meaning that if it measures at high the industry is considered unattractive to enter as the competition is likely to be too high to compete against, vice versa.
- 4What is the purpose of a Value Chain Analysis?A VCA analysis assesses if whether or not there is a demand for some type of value in the goods/services they purchase or obtain.
- 5What are the frameworks used in order to assess an organisation internally?Internal Audits
Capabilities Assessment Profile (CAP)
Value Chain Analysis (VCA) - 6What are the frameworks used in order to form an external analysis?PESTEL Analysis
Porters Five Forces - 7What is the purpose of the five primary activities of the VCA Analysis?To create customer value
- 8What are the aims of the four support activities within the VCA Analysis?To support primary activities and each other
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- Description
- Brief flashcard quiz on the main elements and frameworks used in strategic analysis
- Created by
- Pavindeep Dosanjh
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