Chapter 4 Flashcards

1
Q

Which model is used to evaluate macro environmental factors

A

PESTEL

Political
Economic
Social
Technological
Ecological/ environmental
Legal

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2
Q

What is the model which encourages development of global business and explain

A

Ohmaes five Cs

Customer
Company itself
Country
Currency volatility
Competition

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3
Q

Which model relates to the competitive advantage of nations

What are the categories

A

Porters diamond

6 categories
Factor conditions - basic and advanced
Demand conditions
Related supporting industries
Strategy structure and rivalry

Chance events
Government

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4
Q

What can influence political risks (4)

A

Stability of the govt
International relations
Ideology of government
Informal relations

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5
Q

Name 5 protectionist measures

A

Tariffs
Quotas
Embargo
Tax incentives
Subsidies

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