What are porters 5 forces - Study guides, Class notes & Summaries

What are the 5 discovery skills? associating, questioning, observing, networking, experimenting Cross pollinate is an example of which discovery skill Associating Questions for describe territory what is/what caused Questions for disrupt territory why/why not and what if 3 ways to observe Actively watch consumers to see what products they hire to do what jobs, learn to look for anomalies, and find opportunities to observe in a new environment. Ways to network i. Some innovators have a small...

AIPMM - CPM PRACTICE EXAM QUESTIONS WITH CORRECT ANSWERS.

Nature and characteristic of a service - Correct Answer intangibility inseparability variability perishability What are the 4 Kotler's Market Strategies? - Correct Answer Product Price Promotion Place What are Porter's 5 forces? - Correct Answer Intensity of Competitive Rivalry Threat of New Entrants Threat of Substitute Bargaining Power of Customers Bargaining Power of Suppliers What are the 7 phases of PLC? - Correct Answer Conceive Plan Develop Qualify Launch Deliver...

MIS Correctly Solved Test [100% Correct Answers] UPDATED!! Friedman's The World is Flat *Ans* The internet and global communications had greatly expanded the opportunities for people to communicate with one another and reduced the economic and cultural advantages of developed countries. 6 business objectives of an information system *Ans* Operational Excellence New Products, Services and business Models Customer and Supplier Intimacy Improved Decision Making Competitive Advantage S...

The best definition of a Performance Indicator is: a. A number illustrating the performance of a company b. A number measuring to what extent a Critical Success Factor is achieved c. A number representing the degree of success of a specific action plan d. A number showing the results of your strategy correct answers b. A number measuring to what extent a Critical Success Factor is achieved 2. PESTEL, Porters 5 Forces model and SWOT analysis are tools to support the development or adjus...

QUESTIONS AND ANSWERS

Ansoff Matrix Ans: a decision making tool used to analyse a firms potential for growth Abell's Framework Ans: 3 questions, what are the customers of the organisation ? How can the organisation meet the needs of its customers ? What techniques are employed by the organisation to meet these needs ? BCG Matrix Ans: a means of analysing the product portfolio and informing decision making about possible marketing strategies Business Model Canvas Ans: A strategic management tool to quick...

The organization's ________________________ is why it exists. - correct answer mission The organization's ________________________ is what it does. - correct answer vision The organization's ________________ represent statements about how it achieves its mission. - correct answer values Which of the following describes what is referred to as the five forces model? - co...

QUESTIONS AND ANSWERS

cost, differentiation, industry-wide, and focus CORRECT ANSWER porters four competitive strategies rivalry, threat of new entrants, bargaining power of suppliers, threat of substitutions, bargaining power of customers CORRECT ANSWER Porters 5 forces: 1. rivalry: for pizza in Bloomington, rivalry is strong because there are lots of different pizza places. 2. threat of new entrants: a threat is strong if it is easy to get into the market and affordable by most food trucks. it would be weak ...