(5)Please help me answer this one. Please refer to the subsequent picture for your guide and notes in answering the given questions. Read the directions and instructions very carefully. Directions: Identify the numbered statements below and write PA if it describes PEST ANALYSIS andSA if it describes SWOT ANALYSIS. In 1 to 2 sentences, explain your answer. Use theanswer sheet provided.1. It gives emphasis on the laws and regulations of the business environment.2. It gives importance to the things that interest the business environment.3. It gives space or room for the business environment to improve.4. It gives technological advancement to business environment. PEST and SWOT StrategiesPEST ANALYSIS-IDENTIFYING THREATS AND OPPORTUNITIESECONOMICPOLITICAL slow-purchasing-rules, regulations, laws, policiespower, capital outlay,interest rates, tariff rates,inflation, currency exchange rates,employment-unemployment ratesSOCIOCULTURALTECHNOLOGICAL-people's preferences, needs,demographics, attitudes towardusing a product or service,cultural backgrounds anddiversity-related to technologicalinnovation, incentives forinvestments, pace of technologicaltransformationPEST Analysis is often linked with SWOT Analysis. However, the two tools have different areas offocus. PEST Analysis looks at "big picture" factors that might influence a decision, a market, or a potentialnew business. SWOT Analysis explores these factors at a business, product-line or product level.SWOT ANALYSIS-IDENTIFYING EXTERNAL AND INTERNAL FACTORSSWOT Analysis is identifying external and internal factors, it is also known as a situational analysis.SWOT main purpose is to understand the current and potential environments.STRENGTHSOPPORTUNITIESWhat interesting trends are youWhat do you do better thananyone else?aware of?WEAKNESSESTHREATSWhat could you improve?What obstacles do you face?PEST ANALYSISSWOT ANALYSIS

SWOT & PEST analysis - are the valuable mechanisms that deliver a valuable understanding of the…

Directions: Identify the numbered statements below and write PA if it describes PEST ANALYSIS and SA if it describes SWOT ANALYSIS. In 1 to 2 sentences, explain your answer. Use the answer sheet provided. 1. It gives emphasis on the laws and regulations of the business environment. 2. It gives importance to the things that interest the business environment. 3. It gives space or room for the business environment to improve. 4. It gives technological advancement to business environment.

Directions: Identify the numbered statements below and write PA if it describes PEST ANALYSIS and SA if it describes SWOT ANALYSIS. In 1 to 2 sentences, explain your answer. Use the answer sheet provided. 1. It gives emphasis on the laws and regulations of the business environment. 2. It gives importance to the things that interest the business environment. 3. It gives space or room for the business environment to improve. 4. It gives technological advancement to business environment.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Similar questions

1. Identify the factors triat ale Conta mdu 2. Examine propose opportunity using screening and seizing; Let's Try This Instruction: Write the opportunities and threats relative to the trends. Trends Opportunities Threats Macro environment Industry Market Micro market Consumer Let's Learn This
Managerial lssues--ELECTRONIC COMMERCE Is it possible to predict ELECTRONIC COMMERC success? please answer it within 1hour thanks
Which barriers to entry contributed most PRGA Motors lack of success with the original Synapse? Which macro environment factors did PRGA Motors consider when adjusting the marketing and manufacturing strategies to achieve success with the more recent Snap and LX models?
Q2. Identify ONE Megatrend from each of the following trends impacting your preferred career Social Technological Economical Environmental Political Legal
1 what's market typologies? 2 what's market theories? 3 References to the above questions
Give atleast three ways on how can we support different market structures.
Which of the following perspectives would be most closely associated with the exploration of new opportunities? Group of answer choices 1. Open System 2 .Natural System 3 .Macroeconomic System 4 .Rational System
26) The GE-McKinsey Matrix uses which 2 factors? a) Market share and market growth b) Profits and losses c) Barriers of entry and barriers of exit d) Industry attractiveness and business strength in said industry
What are the market management orientations? Justify each of them with appropriate examples and state why that orientation is relevant today
13. What is the term given to the groups, individuals, and organizations that are directly affected by the practices of an organization? A) Primary agents of interest B) Social auditors C) Competitors D) Organizational stakeholders 14. The Chinese government controls all factors of production, the Chinese government has which type of economic systems? A) Capitalism B) Socialism C) Market D) Communism
t eis benubslunsm2 jsriw llst Instructions: Read the following questions and/or situations. Explain and Elaborate more for your answers. Write it in another sheet of paper. 1. A company makes a pair of shoes (a semi-durable) that can last for more than 10 years. Is this an advantage or disadvantage for its customers? What do you think? 2. People "need" to eat. Some "want" to eat pizza or a sandwich. Is it possible for a "want" not to emanate from a "need"? bns 3. Marketing involves, among others, "the delivery of value to consumers". However, the value a consumer places on a particular product or service is subjective. If you are a marketer, how can you increase your customer's assessment of your product or service? Use a product of your choice as an example.
What does it mean to say that Generation Z is a market segment? Provide an example of how a company can engage with Generation Z consumers as a market segment.