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Chapter 3 The External Assessment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Chapter Outline ,[object Object],[object Object],[object Object]
Chapter Outline ,[object Object],[object Object],[object Object]
Chapter Outline ,[object Object],[object Object],[object Object],[object Object]
Chapter Outline ,[object Object],[object Object],[object Object],[object Object]
The External Assessment ,[object Object],[object Object]
External Strategic Management Audit ,[object Object],[object Object],[object Object]
External Strategic Management Audit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],Nature of External Audit
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Key External Forces
Relationships Between Key External Forces and an Organization Key External Forces Competitors Suppliers Distributors Creditors Customers Employees Communities Managers Stockholders Labor Unions Special Interest Groups Products Services Opportunities & Threats
Performing an External Audit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Performing an External Audit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Performing an External Audit ,[object Object],[object Object],[object Object]
Performing an External Audit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key External Factors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Economic Forces ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Monitor Key Economic Variables: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Monitor Key Economic Variables: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Social, Cultural, Demographic & Environmental Forces ,[object Object],[object Object],[object Object],[object Object],[object Object]
Social, Cultural, Demographic & Environmental Forces ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Social, Cultural, Demographic & Environmental Forces ,[object Object],[object Object],[object Object],[object Object]
Social, Cultural, Demographic & Environmental Forces ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Social, Cultural, Demographic & Environmental Forces ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Social, Cultural, Demographic & Environmental Forces  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Monitor Key Variables  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Monitor Key Variables  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Monitor Key Variables  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Political, Govt., & Legal Forces ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Political, Govt., & Legal Forces ,[object Object],[object Object],[object Object],[object Object]
Political, Govt., & Legal Forces ,[object Object],[object Object],[object Object],[object Object],[object Object]
Political, Govt., & Legal Forces ,[object Object],[object Object],[object Object],[object Object],[object Object]
Political, Govt., & Legal Forces ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key Political, Government & Legal Variables ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key Political, Government & Legal Variables ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Technological Forces ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Technological Forces ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Technological Forces ,[object Object],[object Object],[object Object]
Technological Forces ,[object Object],[object Object]
Competitive Forces ,[object Object]
Competitive Forces ,[object Object]
Competitive Forces ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Competitive Forces ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Competitive Forces ,[object Object],[object Object],[object Object],[object Object],[object Object]
Competitive Forces ,[object Object],[object Object],[object Object],[object Object]
Competitive Forces ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Competitive Forces ,[object Object],[object Object],[object Object],[object Object],[object Object]
Competitive Forces ,[object Object],[object Object],[object Object],[object Object]
Competitive Forces ,[object Object],[object Object]
Competitive Analysis:  Porter’s Five-Forces Model Potential development  of substitute products Rivalry among  competing firms Bargaining power  of suppliers Potential entry of new competitors Bargaining power  of consumers
Global Challenge   ,[object Object],[object Object],[object Object]
Industry Analysis (EFE) ,[object Object],[object Object],Competitive Political Cultural Technological Environmental Social Governmental Demographic Economic
Industry Analysis (EFE) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Industry Analysis (EFE) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Industry Analysis (EFE) ,[object Object],[object Object],[object Object],[object Object]
.20 1 .20 Clinton Administration .20 2 .10 Bad media exposure from FDA .10 2 .05 Smokeless market SE region U.S. .15 3 .05 Production limits on tobacco .20 2 .10 Legislation against the tobacco industry Threats .30 3 .10 More social pressure to quit smoking 2.10 1.00 TOTAL .60 4 .15 Pinkerton leader in discount market .05 1 .05 Astronomical Internet growth .15 3 .05 Increased demand .15 1 . 15 Global markets untapped Weighted score Rating Weight UST—Key External Factors Opportunities
Industry Analysis (EFE) ,[object Object],[object Object],[object Object],[object Object]
Industry Analysis (EFE) ,[object Object]
Industry Analysis (EFE) ,[object Object],[object Object]
Industry Analysis (CPM) ,[object Object],[object Object]
(CPM)  Procter    Avon  L’Oreal  & Gamble 2.80 3.25 3.15 1.00 Total 0.15 3 0.20 4 0.05 1 0.05 Market Share 0.40 2 0.40 2 0.80 4 0.20 Global Expansion 0.20 2 0.40 4 0.40 4 0.10 Customer Loyalty 0.45 3 0.45 3 0.60 4 0.15 Financial Position 0.30 3 0.30 3 0.40 4 0.10 Management 0.40 4 0.30 3 0.30 3 0.10 Price Competition 0.30 3 0.40 4 0.40 4 0.10 Product Quality 0.60 3 0.80 4 0.20 1 0.20 Advertising Score Rating Score Rating Score Rating Weight Critical Success Factor
Key Terms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key Terms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key Terms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key Terms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Stratmgmt3

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  • 11. Relationships Between Key External Forces and an Organization Key External Forces Competitors Suppliers Distributors Creditors Customers Employees Communities Managers Stockholders Labor Unions Special Interest Groups Products Services Opportunities & Threats
  • 12.
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  • 14.
  • 15.
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  • 43.
  • 44.
  • 45.
  • 46.
  • 47.
  • 48.
  • 49.
  • 50. Competitive Analysis: Porter’s Five-Forces Model Potential development of substitute products Rivalry among competing firms Bargaining power of suppliers Potential entry of new competitors Bargaining power of consumers
  • 51.
  • 52.
  • 53.
  • 54.
  • 55.
  • 56. .20 1 .20 Clinton Administration .20 2 .10 Bad media exposure from FDA .10 2 .05 Smokeless market SE region U.S. .15 3 .05 Production limits on tobacco .20 2 .10 Legislation against the tobacco industry Threats .30 3 .10 More social pressure to quit smoking 2.10 1.00 TOTAL .60 4 .15 Pinkerton leader in discount market .05 1 .05 Astronomical Internet growth .15 3 .05 Increased demand .15 1 . 15 Global markets untapped Weighted score Rating Weight UST—Key External Factors Opportunities
  • 57.
  • 58.
  • 59.
  • 60.
  • 61. (CPM) Procter Avon L’Oreal & Gamble 2.80 3.25 3.15 1.00 Total 0.15 3 0.20 4 0.05 1 0.05 Market Share 0.40 2 0.40 2 0.80 4 0.20 Global Expansion 0.20 2 0.40 4 0.40 4 0.10 Customer Loyalty 0.45 3 0.45 3 0.60 4 0.15 Financial Position 0.30 3 0.30 3 0.40 4 0.10 Management 0.40 4 0.30 3 0.30 3 0.10 Price Competition 0.30 3 0.40 4 0.40 4 0.10 Product Quality 0.60 3 0.80 4 0.20 1 0.20 Advertising Score Rating Score Rating Score Rating Weight Critical Success Factor
  • 62.
  • 63.
  • 64.
  • 65.