Business & HR
1) What is a propitious niche? Provide an example of a firm that has been able to successfully occupy a propitious niche.
2) Explain the four combination strategies that may be generated from the TOWS Matrix.
3) What are Porter's four generic strategies?
4) Discuss the difference between a fragmented and a consolidated industry.
5) What are timing tactics?
6) Discuss offensive tactics and defensive tactics.
7) What are cooperative strategies?
8) What are the types of alliances that business can engage in?
What are the two types of HR forecasting and the three most common quantitative forecasting methods? Explain in your own terms and give an example of why HR forecasting is so important.