Pestel analysis Study guides, Class notes & Summaries

The objective of the assignment South Africa is holding national and provincial elections on 29 May 2024. Every election's success depends on several factors, including an accessible, open, non-violent political atmosphere for political parties to campaign to persuade voters to vote for them. Campaigning organisations, according to Tench and Yeomans (2009:561), can be defined as “groups of people who share a common interest or concern and have come together to do something about it – whethe...

Abstract According to SMMT, which represents the UK automotive industry, the macroeconomy is undergoing significant changes, and the automotive industry is critical to the UK economy, so PESTEL analysis, five-force analysis and assessment of the importance of corporate social responsibility to industry organizations in the UK automotive industry. Brexit has adversely affected the UK car manufacturing industry due to political instability. "Separation from Europe" will lead to a significant inte...

WPC 480 Final Exam Questions and Answers Latest Update 2023-2024 | 100% Verified. What is competitive advantage? - Superior performance relative to other competitors in the same industry or the industry average. How do you assess competitive advantage? - Compare firm performance to a benchmark. What is sustainable competitive advantage? - Outperforming competitors or the industry average over a prolonged period of time. What is competitive disadvantage? - Underperformance relative to other...

strategy - Answer-a set of goal-oriented actions a firm takes to gain and sustain superior performance relative to competitors strategic management - Answer-combines analysis, formulation, and implementation in finding competitive advantage mastry= view organization as a whole competitive parity - Answer-two or more firms perform at the same level strategic positioning - Answer-position in industry that allows firms to provide value to customers, while controlling costs mission - Answer-...

Marketing Strategy correct answer: Finding opportunities and developing profitable strategies to capitalize on those opportunities: Specifies a target market and related marketing mix. 5 Cs of Marketing correct answer: Customer: buyers with needs the company aims to fulfill Company: goods or services provider fulfilling customer need Competitors: Orgs aiming to fulfill the same need as company Collaborators: external entities that work with company to create value Context: Environmen...

Core Competencies embedded strengths enabling value-creation Capabilities strategically orchestrating diverse resources Resources assets leveraged for strategy/ formulation Looking Inside the Firm for Core Competencies Competitive advantage derives from core competencies, which enable: 1. Differentiation of products/services creating perceived value, or 2. Cost leadership - offering products/services of comparable value at lower cost (Diagram) Looking Inside the...

Environment correct answers consists of the set of external conditions and forces that have potential influence on the organization What are some examples of outside conditions and forces that could influence an organization? correct answers Customers, Rivals, Economic Conditions, Events (weather-related) 3 Reasons why the Environment matters: correct answers 1. Source of Resources: inputs, capital, labor, and customers 2. Source of Opportunities and Threats: 3. Shapes Strategic Decisions...

Ackbar, Inc. has had high growth in profits for several years, and each year it has had the highest profits ever. What can you assess about Ackbar's strategic competitive advantage? Can assess nothing about competitive advantage. Firms that outperform all their competitors must have a high quality strategy. False It is not rare that a CEO of a large, public organizations will be given a raise and/or bonus even though the profitability of the firm has been negative for several ye...

What structure for Ethical considerations? Tucker's 5 Questions What structure for deciding strategy on public sector projects Public Sector Portfolio Matrix ACCA - 5 Skills? Commercial Acumen -Judgement - Awareness Analysis -Investigate -Enquire -Consider Communication -Inform -Persuade -Clarify Evaluation -Assess -Estimate -Appraise Scepticim -Probe -Question -Challange What model for environmental? PESTEL 5 Forces National What model for competitiveness? ...

RIMS-CRMP EXAM STUDY GUIDE 40 QUESTIONS AND ANSWERS 2023/2024 GUARANTEED GOOD GRADES. 1. Benchmarking: The process of measuring the performance of an organization against external standards of reference that frequently come from similar organizations doing similar things. 2. Corporate Governance: The system of rules, practices and processes by which a company is directed and controlled. 3. Enterprise Risk Management: A strategic discipline that supports the achievement of an organization...