BUAD 499. Learning Plan

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BUAD 499. Learning Plan

Industry Analysis

Internal Analysis

Assess company strengths weaknesses

Determine how company can continue to do well

Seek out areas that could be improved

External Anaylsis

How each benefits and hinders the company

Opportunities

Threat Assessment

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

PESTEL Analysis

Legal

Enviornmental

Technological

Social

Economic

Political

Five Forces Analysis

Power of Supplies

Threat of Subsitutes

Power for Buyers

Threat of Competition

Threat of Entry

Innovation

Disruptive

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

Incremental

utilizes your existing technology and increases value to the customer

Architectural

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

Radical

Invention that destroys or supplants an existing business model

Strategic Management Process

Amazon Strategy

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

Business compete for customers by offering a more compelling value proposition

Businesses do not compete directly against each other