Applied Strategy & Organization: Strategy in Global Market Space at TU München

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Exemplary flashcards for Applied Strategy & Organization: Strategy in Global Market Space at the TU München on StudySmarter:

What does PESTEL stand for?

Exemplary flashcards for Applied Strategy & Organization: Strategy in Global Market Space at the TU München on StudySmarter:

What is identified with the PESTEL analysis?

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What's the goal of the concept of strategic groups?
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Exemplary flashcards for Applied Strategy & Organization: Strategy in Global Market Space at the TU München on StudySmarter:

What's the goal of the concept of market segments?

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What's the purpose of the strategy canvas?

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What's the purpose of the PESTEL framework?

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What are key drivers for change?
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Exemplary flashcards for Applied Strategy & Organization: Strategy in Global Market Space at the TU München on StudySmarter:

Name the three concepts focusing on change.

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Nam the steps to carry out a scenario analysis.

Exemplary flashcards for Applied Strategy & Organization: Strategy in Global Market Space at the TU München on StudySmarter:

Which additional criteria are relevant when identifying the key drivers for change?

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What are the 5x forces of Porter's framework?
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What's a good industry for Potter?

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Exemplary flashcards for Applied Strategy & Organization: Strategy in Global Market Space at the TU München on StudySmarter:

Applied Strategy & Organization: Strategy in Global Market Space

What does PESTEL stand for?
Political - Economic - Social - Technological - Ecological - Legal Environments

Applied Strategy & Organization: Strategy in Global Market Space

What is identified with the PESTEL analysis?
Key drivers of change -> can be used to construct scenarios of alternative possible futures

Applied Strategy & Organization: Strategy in Global Market Space

What's the goal of the concept of strategic groups?
Identify competitors

Applied Strategy & Organization: Strategy in Global Market Space

What's the goal of the concept of market segments?
Understanding the different expectations of customers

Applied Strategy & Organization: Strategy in Global Market Space

What's the purpose of the strategy canvas?
Analyzing competitors' relative positions & identify blue ocean opportunities

Applied Strategy & Organization: Strategy in Global Market Space

What's the purpose of the PESTEL framework?
It categorizes 6x environmental factors into key types because these highlight that there is an important non-market environment

Applied Strategy & Organization: Strategy in Global Market Space

What are key drivers for change?
Environmental factors likely to have a high impact on the future success or failure strategy

Applied Strategy & Organization: Strategy in Global Market Space

Name the three concepts focusing on change.
1. Megatrends 2. Inflexion Points 3. Weak Signals

Applied Strategy & Organization: Strategy in Global Market Space

Nam the steps to carry out a scenario analysis.
1. Defining scenario scope  2. Identifying the key drivers of change 3. Developing scenario stories 4. Identifying impacts 5.Establishing early warning systems

Applied Strategy & Organization: Strategy in Global Market Space

Which additional criteria are relevant when identifying the key drivers for change?
- uncertainty: so the different scenarios are worthwhile - mutual independence: so the drivers are capable of producing significantly divergent or opposing outcomes

Applied Strategy & Organization: Strategy in Global Market Space

What are the 5x forces of Porter's framework?
1. Threat of Entry 2. Threat of Substitutes 3. Power of Buyers 4. Power of Suppliers 5. Extent of Rivalry between Competitors

Applied Strategy & Organization: Strategy in Global Market Space

What's a good industry for Potter?
An industry that offers good profit potential

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International Strategy at

TU München

Applied Strategy at

TU München

Organisation im Sport at

Hochschule für angewandtes Management

Organisation im Sport at

Hochschule München

Strategic and International Management at

Universität Giessen

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