Saturday, October 5, 2013

LEARN HOW TO EVALUATE CASE STUDY

In the name of Allah the Most Gracious and the Most Merciful….

Assalamualaikum w.b.t

Alhamdulillah…. Alhamdulillah… Alhamdulillah Ala Kulli hal…. Thanks Allah for giving me chance to breath in this world.

This week the topic that I learnt is "Evaluating a Company’s External Environment". So in this topic, it more focus about external environment. It’s important to know the factors because it will be easy for company to handle their management, competitors and so on. PESTEL analysis focuses on the six principal components of strategic significance in the macro-environment that are :

PESTEL Analysis

Apart from that, to see how strong are the industry’s competitive forces, we can use tool of the Five Competitive Forces.


The Five Competitive Forces

In the tutorial class, we discussed an article that related with business. After that, we discussed about Robin Hood case. Madam Huda teach us how to answer case study question with easy way. She divides into several categories that are key issues, key decision to be made, analysis, stakeholder, alternatives, implementation plan, decision and criteria.

The next tutorial, madam Huda promise will teach us using SWOT analysis. Actually not easy to be a successful businessman or an entrepreneur but it’s not impossible. Right? Not easy as on television to manage an organization. A manager need to know a lot of knowledge how to manage it. I think that’s all. See you again in the next entry.





Thanks for reading!

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