Chapter 4-session 4 Flashcards

1
Q

What is the SWOT analysis

A

an analytical tool which stands for Strengths, Weaknesses, Opportunities, and Threats either internal or External

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2
Q

In what consist the 2 most common Internal Swot Analysis method

A

1) Value Chain analysis

2) Benchmarking

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3
Q

What is the Value chain method and What are the 2 parts of The value Chain

A

Steps an organization follows to develop produce and deliver its offerings
Each steps represents some strengths and weaknesses

  • Support Activities
  • Primary activities
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4
Q

What are the 5 kind of Primary Activities of The Supply Chain method

A

Supply chain logistics: reception of raw materials and inventory management

Manufacturing: Raw material into finished products or services

Marketing Logistics: Order itake, prep and shipping

Mtk comm and sales:

Peripheral services: Installation, repairs, technical services

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5
Q

What are the Support activities of the supply chain method

A

Company infrastructure: service required for the org. to function

HR: ability to attrack and retain skills

R&D: Ability to innovate

Purchasing power

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