1.What is the main purpose of Porter’s Five Forces Model? a.Manage product portfolios b.Decide which products to launch c.Inform investment appraisal decisions d. Analyze competition in a market 2.What is the main purpose of STEEP Analysis? a.Assess the general environment to identify strategic opportunities and threats b. Identify and assess strategic risk and opportunities in the market c.Decide which products to launch d.Analyze competition in a market 3.What is the main purpose of Scenario Planning? a.Stimulate imagination and creative thinking b.Prepare to succeed in each potential future scenario c.Focus on a small number of potential scenarios d.Research on forces that could have a big impact
1.What is the main purpose of Porter’s Five Forces Model?
a.Manage product portfolios
b.Decide which products to launch
c.Inform investment appraisal decisions
d. Analyze competition in a market
2.What is the main purpose of STEEP Analysis?
a.Assess the general environment to identify strategic opportunities and threats
b. Identify and assess strategic risk and opportunities in the market
c.Decide which products to launch
d.Analyze competition in a market
3.What is the main purpose of Scenario Planning?
a.Stimulate imagination and creative thinking
b.Prepare to succeed in each potential future scenario
c.Focus on a small number of potential scenarios
d.Research on forces that could have a big impact
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