Global Business Strategy Research the external environment of Raytheon Student name: Yuan Jun Submit date: 14th Dec 2010 University of Central Lancashire Summary In the competition orientated era of today, most corporations have an intention to expand its business in the global economy. It is necessary for those corporations to consider its external business environment so that it can help corporations develop its business more successfully. Considering the external business environment
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Competitive Advantage ................................................................................................... - 4 Porter’s five Forces ......................................................................................................... - 5 PESTEL Analysis ............................................................................................................ - 8 Porter’s generic strategies ............................................................................................ - 12
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best allocate resources to maximize profit in the future. At the end of the 1960s, Bruce Henderson, creator of the Boston Consulting Group, BCG, developed portfolio matrix. The BCG Growth-Share Matrix is a fourcell (2 by 2) matrix used to execute business portfolio analysis as a footstep in the strategic planning process. BCG matrix is often used to prioritize which products within company product mix get more funding and attention BCG matrix takes into account two strategic parameter into consideration
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best allocate resources to maximize profit in the future. At the end of the 1960s, Bruce Henderson, creator of the Boston Consulting Group, BCG, developed portfolio matrix. The BCG Growth-Share Matrix is a fourcell (2 by 2) matrix used to execute business portfolio analysis as a footstep in the strategic planning process. BCG matrix is often used to prioritize which products within company product mix get more funding and attention BCG matrix takes into account two strategic parameter into consideration
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Successful Business Using Four Key Business Models Okay so you have started your business and now you're having trouble figuring out what comes next. Well here is the solution for you. This report will serve as a basic manual on how implement certain business plans that are important in running and maintaining a successful business. The Basics Before any business models are discussed it is important to understand the basic of running a business. To start off knowing what type of business you are
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PORTERS 5 FORCES ITS ANALYSIS OF BANKING INDUSTRY TAKING INTO PERSPECTIVE THE GROWTH OF THE INDIAN ECONOMY. THE REPORT ALSO CONTAINS AN ASSESSMENT BASED ON PORTERS ANALYSIS, PEST ANALYSIS, COVERING THE RELEVANT POLITICAL, ECONOMIC, SOCIAL AND TECHNOLOGICAL FACTORS THAT HAVE IMPLICATIONS FOR THE DEVELOPMENT OF THE BANK.IT EVALUATES THE INDUSTRY WITHIN THE MICHAEL PORTER FRAMEWORK.IT ALSO CAPTURES THE IMPORTANT TRENDS AND KEY ISSUES AND PROVIDES AN OUTLOOK ON THE BANK. SATURDAY, JULY 12, 2008
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Purdue extension EC-722 Industry Analysis: The Five Forces Cole Ehmke, Joan Fulton, and Jay Akridge Department of Agricultural Economics Kathleen Erickson, Erickson Communications Sally Linton Department of Food Science Overview Assessing Your Marketplace The economic structure of an industry is not an accident. Its complexities are the result of long-term social trends and economic forces. But its effects on you as a business manager are immediate because it determines the competitive
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•Salespersons •Customers •Competition 3 External Strategic Management Audit - The macro environment Scanning (PESTEL analyses, Scenarios) - Industry or Sector Analysis (5 forces, industry/product life cycle) - Competitors scanning (Strategic Group Map, CPM) - The Organization responses (EFEM) 4 2 Layers of the business environment 5 Key Aspects of PESTEL Analysis • Not just a list of influences • Need to understand key drivers of change • Drivers of change have differential
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TABLE OF CONTENTS 1.0 Introduction ………………………………………………………. 2.0 Control of the firm ……………………………………………….. * 2.1 Trends * 2.2 Forces * 2.3 Events 3.0 Direct competitor …………………………………………………. 4.0 Application of theories …………………………………………… * 4.1 SWOT Analysis * 4.2 Porter’s five forces 5.0 Recommendations ………………………………………………… 6.0 Conclusion …………………………………………………………. 7.0 Reference …………………………………………………………... STRATEGIC MANAGEMENT REDBULL 1.0 INTRODUCTION To start off,
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Introduction 2. External Analysis Porter’s Five Forces Analysis – Ford The competitive structure of an industry is an important element of identifying factors that are a menace of decreasing profitability. One of the most adequate forms of assessing competitive issues is Michael Porter’s five-force analysis. According to Michael Porter understanding the external environment in which a firm operates in, is essential for a successful business. Porter (2008) displayed five such factors: 1) threat of
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