Cards (72)

    • FEASIBILITY STUDY is a powerful tool when putting up a business.
    • SOAR ANALYSIS combines the people's ideas, dreams and interests to fuel an energizing vision to work.
    • Strengths in a SWOT ANALYSIS are assets, resources, capabilities and challenges.
    • Opportunities in a SWOT ANALYSIS are success, profit, discoveries, breakthroughs.
    • Aspirations in a SWOT ANALYSIS are what to achieve in the future or goals.
    • Results in a SWOT ANALYSIS are success indicators and best outcomes.
    • SOAR ANALYSIS is essential to leverage strengths, minimize threats and to take advantage of available opportunities.
    • Identify the strengths of an internal and consumer perspective can generate more assets such as employees, financial resources, business location, competitiveness.
    • Identify the weaknesses of an internal and consumer perspective could challenge the achievements of business success such as staff absenteeism, lack of intellectual property, declining market shares.
    • Identify the opportunities from an external perspective contribute to business success such as new technology, training programs, partnerships.
    • Identify the threats from an external perspective harm the whole business organization such as rising unemployment, increasing competition, higher interest rates, global markets and certainty.
    • TOWS MATRIX is a way of taking a swot analysis further, to provide actionable links between the different parts of your business and environment.
    • Four key factors in a TOWS MATRIX are Strengths/Opportunities (SO), Weaknesses/Opportunities (WO), Strengths/Threats (ST), Weaknesses/Threats (WT).
    • IMPACT TO INTERNATIONAL TRADE
    • Feasibility Study is a tool used in business to assess the viability of a new project.
    • Soar Analysis is a tool that combines people's ideas, dreams, and interests to fuel an energizing vision to work.
    • Strengths in business are assets, resources, capabilities, and challenges.
    • Opportunities in business are success, profit, discoveries, and breakthroughs.
    • Aspirations in business are what to achieve in the future or goals.
    • Results in business are success indicators and best outcomes.
    • SWOT Analysis is essential to leverage strengths, minimize threats, and to take advantage of available opportunities.
    • Identifying strengths from an internal and consumer perspective can generate more assets.
    • Identifying weaknesses from an internal and consumer perspective could challenge the achievements of business success.
    • Identifying opportunities from an external perspective contribute to business success.
    • Identifying threats from an external perspective harm the whole business organization.
    • TOWS Matrix is a way of taking a SWOT analysis further, to provide actionable links between the different parts of your business and environment.
    • Porter’s Five Forces goal allows the organization to study the market’s movement while identifying its standing among competitors.
    • Forecasting in business is employing business prediction that could contribute to future success.
    • Benchmarking in business is a process to measure performance against competitors.
    • Various economic factors affecting business and industry include interest rate, exchange rate, recession, and social status and income.
    • Interest rate is the amount a lender charges for the use of assets expressed as a percentage of the principal.
    • Exchange rate is the value of one nation's currency versus the currency of another nation or economic zone.
    • Recession is a macroeconomic term that refers to a significant decline in general economic activity in a designated region.
    • Social status and income predispose an individual to better health.
    • Education level influences the type of occupation a person can get and ultimately their income level.
    • Economic Growth and Development of a country can also have an impact on the social status of its citizens.
    • A Feasibility Study has six (6) different parts: Chapter 1 covers the introduction, statement of the problem, scope and delimitation of the study, definition of terms and the review of related literature.
    • Bonds are loans an investor makes to a corporation, government, federal agency or other organization in exchange for interest payments over a specified term plus repayment of principal at the bond's maturity date.
    • Genetics is the study of genes and inheritance in living organisms.
    • Social Support Network refers to support from family, friends and the community, culture of the community, such as traditions, beliefs and customs.
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