C4 External Environment

Question 1

Porter’s five forced model ( industry)

Answer 1

1. Threat or new entrants
2. Power of suppliers
3. Power of buyers
4. Threat of substitutes
5. Competition and rivalry

Question 2

SWOT analysis

Definition

Answer 2

Key issues from business environment and the strategic capability of an org that are most likely to impact on strategy development.
Strength and weaknesses
Opportunities and threats