BU111 Study Guide - Final Guide: Critical Success Factor

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BU111 Full Course Notes
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Come up with at least one element from each pest factor for each critical success factor, i. e an element from each of p-e-s and t that affects the firm"s ability to gain employee commitment. What are the forces and what determines the power/effect of each force. Be specific about how the force affecrs profitability, what kind of costs does it creares, or how it affects revenues. What can a firm do to reduce the impact of each force. How are it"s elements and principles similar to the diamond e? (how are principles similar - both cases, what causes diamond e and ep is in alignment with your internal organization and the external enviornment) Where does the process begin (with the entrepenuer), why does it begin there, and what determines if the process will be successful. Why is screening important? (get rid of bad ideas to save money)

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