Marketing Analysis Tools Flashcards
1
Q
Pestle
A
Political- corruption, government type/ stability, trade restrictions
Economic- interest, taxes, exchange rate,
Sociological- health, ethics, education
Technological- automation, emerging tech, R&D
Legal- consumer law, health and safety
Environmental- weather, climate, infrastructure, legal,
2
Q
Swot
A
Internal -
strengths-build; enhance
Weakness- resolve reduce
External
Opportunities- exploit; expand
Threats- avoid;thwart
3
Q
Porters five forces
A
1) competition in the industry
2) potential new entrants into the industry
3) power of suppliers
4) power of customers
5) threat of substitute products