The macro environment Flashcards

1
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is PESTEL analysis?

A

Political
Economic
Social and demographic
Technological
Ecological
Legal

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Which model do we use to explain why some nations have a competitive advantage in certain industries?

A

Porter’s diamond

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What are the 4 elements of Porter’s diamond?

A

Factor conditions
Demand conditions
Strategy, structure and rivalry
Related and supporting industry

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly