Strategic analysis is the process of conducting research on the business environment within which an organization operates and on the organization itself‚ in order to formulate strategy. A number of tools are used in the process of strategic analysis‚ including PEST and/or SWOT analyses‚ and Michael Porter’s five forces model. http://www.bnet.com/topics/strategic+analysis http://www.ehow.com/about_5085518_reason-use-swot-pestle-analysis.html PEST Analysis The PEST analysis is a framework that
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regulations ·Long approval wait time ·Technology as an important factor ·Lower levels of marketing and customer relations in comparison to other markets - Sales share of the world’s top 75 prescription medicines 2002 Source IMS Industry Environment Analysis In 1997‚ the $65 billion industry was composed of three strategic groups: patented prescription drugs‚ generic prescription drugs and over-the-counter drugs. Firms such as Merck‚ SmithKline‚ Eli Lilly and others produced various types of brand name
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Cook’s Pest Control‚ Inc. v. Robert and Margo Rebar1010897Supreme Court of AlabamaDecember 13‚ 2002FactsOn August 28‚ 2000‚ Cook’s Pest Control and Mr. & Mrs. Rebar entered into a renewable "Termite Control Agreement" for 1 year. Under that agreement‚ Cook’s Pest Control was obligated to inspect for and treat termites for the Rebars. On August 16‚ 2001‚ Mrs. Rebar paid for the renewal of the contract and submitted an "Addendum to Customer Agreement". The agreement changed the terms of the contract
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then it is likely that Citigroup would sell the record music business to Warner. 2 External Environment Analysis 2.1 Classification of the External Environments Figure 1 is a graphical description of the external environment (Unit 2‚ B820 Strategy) classified into the Macro (Far) and Industry (Near) environments. This works as a baseline for the different levels of analysis that would be carried out on the external environment • Figure 1 Macro(Far) and Industry(Near) environments
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Analysis of External Environmental In analyzing the macro-environment‚ it is important to identify the factors that might affect the AirAsia’s supply and demand levels and its cost. The external environment can be analyzed by conducting a PEST analysis and Poter’s 5 Forces model. Thereafter‚ an analysis of the industry and competitive environment of AirAsia will assist in identifying the main oppurtunities and threats. PEST Analysis - Macro Environment The PEST analysis is used to describe a framework
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SWOT analysis and PEST analysis (Notes to accompany templates) The SWOT analysis is an extremely useful tool for understanding and reviewing the company’s position prior to making decisions about future company direction or the implementation of a new business idea. A SWOT analysis can be completed by an individual within the organization (provided they can take an overview of the current situation) but is often best completed in a team or group. The discussion itself is informative‚ and the quality
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you a bit more about iTunes a part of Apple inc. in this rapport we will formulate a strategy iTunes can follow for the next three to five years. In this report you will read parts about‚ the development of iTunes so far‚ internal and external analysis of iTunes and the advised strategy for iTunes. By looking at the past‚ new strategies can be formulated. And after evaluating the formulated strategies by looking at the pro’s and con’s of all the strategies. The best strategy for iTunes is chosen
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SWOT ANALYSIS SWOT analysis of hotel industry in this regard can provide a thorough insight to whether or not the industry is contributing towards the achievement of its goals. For now‚ let’s consider the hotel industry in India‚ which is one of the fastest growing in the world. Strengths The first step to a SWOT analysis of hotel industry in India will be identifying its strengths. There are more than 1000 classified hotels with a room availability of around 97‚000 rooms which can easily cope with
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PEST & PESTEL Analysis D EFIN ITIO N “P ES T A N A LY S IS – A N A N A LY S IS O F TH E P O LITIC A L‚ EC O N O M IC ‚ S O C IA L A N D TEC H N O LO G IC A L FA C TO R S IN TH E EX TER N A L EN V IR O N M EN T O F A N O R G A N IZ ATIO N ‚ W H IC H C A N A FFEC T ITS A C TIV ITIES A N D P ER FO R M A N C E.” [1] “P ES TEL M O D EL IN V O LV ES TH E C O LLEC TIO N A N D P O R TR AYA L O F IN FO R M ATIO N A B O U T EX TER N A L FA C TO R S W H IC H H A V E‚ O R M AY H A V E‚ A N IM PA C T O N B U
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Swot analysis Literature Review: SWOT is an acronym for Strengths‚ Weaknesses‚ Opportunities‚ and Threats. Conducting a SWOT analysis is an important exercise enabling the company to look deeply into marketplace and to take strategic initiatives to increase profitability‚ growth and market share. The aim of any SWOT analysis is to identify the key internal and external factors that are important to achieving the company’s overall objectives and goals. SWOT analysis groups key pieces
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