Solved

Match the Following Analysis Techniques to the Most Appropriate Strategic

Question 2

Matching

Match the following analysis techniques to the most appropriate strategic issue.

Premises:
Value chain analysis
Stakeholder analysis
Strategic group analysis
5 Forces analysis
Responses:
Understanding where agencies create competitive advantage through their activities
Understanding the competitive threats faced by agencies within their markets
Understanding the basis of competition within the industry and which agencies compete most closely with each other
Understanding the expectations and influence of different interest groups within, and external to, the agencies.

Correct Answer:

Stakeholder analysis
Understanding the expectations and influence of different interest groups within, and external to, the agencies.
5 Forces analysis
Understanding the competitive threats faced by agencies within their markets
Strategic group analysis
Understanding the basis of competition within the industry and which agencies compete most closely with each other
Value chain analysis
Understanding where agencies create competitive advantage through their activities
Related Questions

Q1: Which TWO of the following are the

Q3: WSRX has a better than average score

Q4: WSRX's initial current ratio is which of

Q5: Which TWO of the following are reasons

Q6: Match the following terms to the most

Q7: A 'value based' compensation system for advertising

Q8: Match the following PESTEL elements to the

Q9: Which TWO of the following changes are

Q10: WRSX has a good reputation in which

Q11: Compared to the industry average, WSRX's initial