GMS 200 Lecture Notes - Swot Analysis, Bargaining Power, Cost Leadership

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Shavin Malhotra

Document Summary

Swot analysis, porter"s five forces model, bcg matrix (boston. A strategic constituency"s analysis assesses interest of stakeholders and how well the organization is responding to them: operating objectives are specific results that organizations try to accomplish. Some examples are: profitability, financial health, cost efficiency, customer service, product quality, market share, human talent, and innovation: a core competency is a special strength that gives an organization a competitive advantage. They are rare, costly to imitate, and cannot be substituted: tools for external environment analysis porter"s five forces model. Factor 2: threat of substitutes: industries with close competition with producers of substitute products, more pressure on pricing, as pricing for substitute products decline higher competitive pressure on the industry. Factor 3: bargaining power of suppliers: very large suppliers, cost of switching raw materials is high, includes suppliers of labour (pilots) A stability strategy maintains current operations without substantial changes.