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WalesBusinessQuick questions

Business Analysis and Strategy (A2 Unit 3)

Quick questions on Business objectives and strategy - WJEC A-Level Business

4short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is sWOT analysis?
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SWOT analysis audits a firm's position before a strategic decision:
What are porter's Five Forces?
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Porter's Five Forces assess how attractive and profitable a market is by examining the competitive pressures on it:
What is q1?
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What do the letters in SWOT stand for? [2 marks]
What is q2?
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Explain why diversification is the highest-risk Ansoff growth strategy. [3 marks]

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