BUAD 499. Learning Plan

Businesses do not compete directly
against each other

Business compete for customers by
offering a more compelling value proposition

a plan of action or policy designed to achieve a major or overall aim

Amazon Strategy

Radical

Invention that destroys or supplants an existing business model

taking the lessons, skills and overall technology and applying them within a different market

Incremental

utilizes your existing technology and increases value to the customer

applying new technology or processes to your company’s current market

Industry analysis is a tool that facilitates a company's understanding of its position relative to other companies that produce similar products or services.

Threat of Entry

Threat of Competition

Power for Buyers

Threat of Subsitutes

Power of Supplies

Legal

Enviornmental

Technological

Social

Economic

Political

Threat Assessment

Opportunities

How each benefits and
hinders the company

Assess company
strengths weaknesses

Seek out areas that could be improved

Determine how company can continue to do well

Complete all required task for the remaining
classes to receive passing grades

Update resume

Work on Elevator speech