Question: please Answer 3 questions only Instructions: Answer 3 questions only 1) Why is business strategy important for a business? (50 Marks) 2) SWOT analysis can

please Answer 3 questions only
please Answer 3 questions only Instructions:
Instructions: Answer 3 questions only 1) Why is business strategy important for a business? (50 Marks) 2) SWOT analysis can be used for analyzing the internal and external environment of a business. Explain each component (S,W,O, and T) of the SWOT analysis. (50 marks) 3) In determining the General Attractiveness of an industry, the Porter's 5 forces can be used to determine the attractiveness of the industry, explain each of the 5 forces. (50 Marks) 4) What are the Marketing Research process, explain each step of the process. (50 Marks) (50 Marks) 5) Explain what is Directional Strategy, discuss the 3 types of Directional Strategy a business can pursue (50 Marks) 6) What are some of the tools that can be used to analyze the technological environment, discuss the 4 tools (50 Marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!