Topic 5 - Strategic Thinking Flashcards
(3 cards)
1
Q
What are the 4 parts of a SWOT analysis?
A
Strengths, Weaknesses, Opportunities, Threats.
2
Q
What does Porter’s Five Forces analyze?
A
Industry competitiveness: rivalry, new entrants, buyer power, supplier power, substitutes.
3
Q
What are the 4 growth strategies?
A
Market Penetration, Market Development, Product Development, Diversification.
