Who is the author of the book, “The Power of Self-Discipline”?
Brian Tracy
It is a compilation of your company's strengths, weaknesses,
opportunities, and threats and a planning process that helps your company overcome challenges and determine what new leads to
pursue.
SWOT analysis
It refers to internal factors.
Strengths (S) and weaknesses (W)
It refers to External factors.
opportunity (O) or threat (T)
What PEST analysis mean?
Political, Economic, Social and Technological
The MOST analysis means?
Mission, Objective, Strategies and Tactics
The SCRS analysis means?
Strategy, Current State, Requirements, and Solution
It is a diagram that shows the causes of an event and is often used in manufacturing and product development to outline the different steps in a process.
Ishikawa diagram
Who Developed the Ishikawa diagram?
Kaoru Ishikawa
What are the other terms of the Ishikawa diagram?
fishbone diagrams.
Herringbone diagrams.
Cause-and-Effect diagrams.
Fishikawa
Your position can be affected by people's ability to enter your
market.
Threat of New Entry
This looks at the number and strength of your competitors.
Competitive Rivalry
This is determined by how easy it is for your suppliers to increase their prices.
Supplier Power
Here, you ask yourself how easy it is for buyers to drive your prices down.
Buyer Power
This refers to the likelihood of your customers finding a
different way of doing what you do.
Threat of Substitution
It is a book published in 2004 written by W. Chan Kim and Renée Mauborgne, professors at INSEAD, and the name of the marketing theory detailed in the book.
Blue Ocean Strategy
The simultaneous pursuit of differentiation and low cost is called?
Value Innovation
What are the four actions framework in the blue ocean strategy?
1. Raise
2. Eliminate
3. Reduce
4. Create
It represents all the industries in existence today – the known market space and focuses on building advantages over the competition, usually by assessing what competitors do and striving to do it better.
Red Ocean Strategy