Marketing Analysis Tools Flashcards

1
Q

Pestle

A

Political- corruption, government type/ stability, trade restrictions

Economic- interest, taxes, exchange rate,

Sociological- health, ethics, education

Technological- automation, emerging tech, R&D

Legal- consumer law, health and safety

Environmental- weather, climate, infrastructure, legal,

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2
Q

Swot

A

Internal -
strengths-build; enhance
Weakness- resolve reduce

External
Opportunities- exploit; expand
Threats- avoid;thwart

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3
Q

Porters five forces

A

1) competition in the industry
2) potential new entrants into the industry
3) power of suppliers
4) power of customers
5) threat of substitute products

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