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10 Cards in this Set

  • Front
  • Back

Successfully leveraging core competencies and capabilities

Core competency


existing knowledge , facilities , parents , etc


Applied to


New markets , new products , etc

The Immediate Environment : Competitors

Knows strengths and weaknesses


Proactive rather than reactive strategy

The immediate environment : partners

Firms are part of alliances


Align with competitors , suppliers , etc


Just in time delivery systems ( JIT)



Culture

Shared meanings , beliefs , morals , values , and customs of a group of people


"collective programming of the mind "

Demographics

Characteristics of human populations and segments

Social trends

General movements in opinions , tastes , and preferences in a social group

Technology advances

Radical innovation that drastically alters the nature of product or business category upon its introduction to the market

Economic situation

Assessment of both the domestic and international business climate

Political / regulatory environment

Political parties , government organizations , and legislation and laws affecting business operations

Demographic factors

Provides an easily understood snapshot of the typical consumer in a specific target market