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It's what the SWOT Analysis stands for
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Strength, Weakness, Opportunity Threat
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Created by
Cecilia_Mihelich
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Terms in this set (30)
It's what the SWOT Analysis stands for
Strength, Weakness, Opportunity Threat
What letter/word of SWOT is:
"slower market growth"?
Threat
What letter/word of SWOT is:
"an obsolete, narrow product line"?
Weakness
What letter/word of SWOT is:
"competition"?
Threat
It's the SWOT category(s) that can be applied in a PESTEL analysis
Opportunity and Threat
It's the question that Porters Five Forces addresses
Industry Attractiveness
These make up the Five Forces
1.Power of Buyers
2. Power of Suppliers
3. Threat of New Entrants
4.Threat of Substitutes
5. Competitive Rivalry
Name the criteria that determine Power of Buyer strength
-Few large buyers
-Backward vertical integration
-Buyers purchase large quantities
-Products are standardized
-Buyers face no switching cost
The United Auto Workers (UAW) union is an example of this powerful Five Forces category
Power of Suppliers
Which of the following is directly proportional to profits of a firm in an industry:
•Barriers to Entry?
•Power of Suppliers?
•Power of Buyers?
•Threat of Substitutes?
Competitive Rivalry?
Barriers to Entry
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