Applied Concept Paper

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· Module C

· Linking chapters 4 and/or 5: External and Internal Environment concepts to real life business

· Link between five and eight concepts found in the designated chapters to one or more business news articles….PICK FROM BELOW!

KEY TERMS FROM CHAPTER 4

· Competitive intelligence

· Competitors

· complementor

· Consolidated industry

· EFAS Table

· Entry barrier

· Environmental uncertainty

· Environmental scanning

· Exit barrier

· Fragmented industry

· Global industry

· Hypercompetition

· Industry

· Industry analysis

· Industry matrix

· Industry scenario

· Key success factor

· Multidomestic industry

· Multinational corporation (MNC)

· Natural environment

· New entrant

· Regional industries

· Societal environment

· STEEP analysis

· Strategic group

· Strategic type

· Substitute product

· Task environment

KEY TERMS FOR CHAPTER 5

· Brand

· Business Model

· Capabilities

· Capital budgeting

· Competency

· Conglomerate structure

· Core competencies

· Corporate culture

· Corporate reputation

· Distinctive competencies

· Divisional structure

· Durability

· Economies of scale

· Economies of scope

· Experience curve

· Explicit knowledge

· Financial leverage

· Functional structure

· IFAS table

· Imitability

· Marketing mix

· Operating leverage

· Organizational analysis

· Organizational structures

· Product life cycle

· R&D intensity

· R&D mix

· Replicability

· Resource

· Simple structure

· Strategic business units (SBUs)

· Supply chain management

· Tacit knowledge

· Technological competence

· Technological discontinuity

· Technology transfer

· Transferability

· Transparency

· Value chain

· Virtual teams

· VRIO framework