bismillah...
"Ya Allah, hidupku dan matiku hanya untukMu"
Hello guys. We'll met again. and for this entry please be patience with me because there will be few remaining post in the subject strategic management that i have to be focusing on. The date of submission is tomorrow. hihi.
Okay lets be positive all the way of journey of blogging and updating. Actually when im blogging sometimes it will be slipped away of pouring all my emotions and feeling towards this screen and keyboard. well i guess maybe most of people did this. because human have their place to show their emotion. thus, whatever, i feel like more telling what i felt and learnt in the strategic management subject.
MACRO ENVIRONMENT
What do you understand with this two words ? hiih. actually this is really the business terms.
"Encompasses the BROAD environmental context in which a company's industry is situated that includes strategically relevent components over which the firm has no direct control.
Please aware of these questions in this chapter :
1) What are strategically relevants factors in the macro-environment ?
PESTEL ANALYSIS
Political.Economic.Social.Technology.Environmental.Legal
2) How strong are the industry's competitive forces ?
rival sellers.potential new entrants.producers of substitute products.supplier bargaining power.customer bargaining power.
3) What factors are driving industry change, and what impacts will they have ?
identifying driving forces.assess driving forces.determining strategy changes
4) How are industry rivals positioned in the market ?
strategic group.strategic management
5)What strategic moves are rivals likely to make next ?
competitive intelligence.framework competitors analysis
6) What are the industries key success factors ?
products elements.product and services attributes.operational approches.resources.competitive capabilities.
7) Is the industry outlook conducive to good profitability ?
growth potential.degree industry profitability.strength of competitive forces.
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