Laser Lessons - Lesson

P5DMALC1-1

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Question 1 of 5

MOST analysis is a framework tool for:

reducing uncertainty

analysis or planning

checking demographics

assessing competitive strength

Micro-environment involves:

market forces

internal forces

external forces

global forces

Advantages of analytical techniques include:

market leadership

identifying opportunities for growth

limiting resource requirements

organisation internal environment

Market forces that may influence strategic planning include:

policies and procedures

staff

competition

managers

A balanced scorecard is used to align business activities to the:

labour market

resource requirements

mission statement

stakeholders interests

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Think And Challenge

It is rare that there is just one way to respond to a scenario or situation, so do not consider that the response you have chosen to this scenario will be judged as right or wrong. Share your scenario with a work colleague and ask them to tell you if they think you have responded appropriately. Ask them to challenge your response if necessary. You do not need to submit this task for assessment unless asked to do so by your tutor.