Industry Dynamics and PEST Analysis Quiz

When assessing a company's history and operations, key factors to consider include: the company's age and track record, its customer base, how the company has grown (organically or through acquisitions), and an understanding of the company's core operations, including its people, processes, and information systems.

According to the passage, a company can achieve future growth through organic growth, mergers and acquisitions, expansion into new markets, and/or extension of existing or new products and services.

When assessing a company's management team, key factors to consider include: the management's past performance and reputation, their business and financial acumen, the clarity and consistency of their strategic planning, and their attitude towards risk and risk mitigation.

<p>$PEST$ analysis is a framework for analyzing the Political, Economic, Social, and Technological factors that can impact a company's operations and performance. This type of analysis is important for evaluating a company's future operations and growth potential, as it helps identify external factors that may influence the business.</p> Signup and view all the answers

<p>$Porter's$ $6$ $Forces$ model is a framework for analyzing the competitive forces that shape an industry and influence a company's profitability. The key elements include the bargaining power of suppliers and customers, the threat of new entrants and substitute products, the intensity of rivalry among existing competitors, and the overall industry profitability. This model can be used to evaluate a company's competitive position and the attractiveness of its industry.</p> Signup and view all the answers