Question

Kindly gieme a fast and short answers:

Q1. Select one industry experieneing rapid technological changes and one that is experiencing liatle change, how does the need of market forecasting differ in these industries? Q2. Choo se any two market entry strategies a fast food chain would use to expand into international markets. Q3. The Ansoff matrix is a strategic tool used by businesses to achieve growth, Name the four strategies and explain any two strategies of the matrix briefly Q4.Strategy formulation results from considering various issues which are external as well as internal to the organization. One of the external issues is economic forces. Identify any five key economic variables which should be monitored in a business and explain them. Q5. Select an organization of your choice and prepare a SWOT Analysis for it giving two strengths, two weaknesses, two opportunities and two threats. Q6. As an owner of a local, independent super market , explain according to Rumelts criteria what criteria you will consider for evaluating the strategy you have used.

Answer 1

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