Edexcel A-Level Business A2 4.3.2 2b Porter Five Forces for Markets Topic Practice

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Pearson Edexcel IAL Business

Unit 3: Business Decisions and Strategy

3.3.1 - Business objectives and strategy

3.3.2 - Business growth

3.3.3 - Decision-making techniques

3.3.4 - Influences on business decisions

3.3.5 - Assessing competitiveness

3.3.6 - Managing change

Unit 4: Global Business

4.3.1 - Globalisation

4.3.2 - Global markets and business expansion

4.3.2.1a - Push factors

4.3.2.1b - Pull factors

4.3.2.1c - Offshoring and outsourcing

4.3.2.1d - Product life cycle extension

4.3.2.2a - Country as market factors

4.3.2.2b - Porter five forces for markets

4.3.2.3a - Country as production location

4.3.2.4a - Risk spreading and economies of scale

4.3.2.4b - Entering markets and blocs

4.3.2.4c - Brand names and patents

4.3.2.4d - Securing resources

4.3.2.4e - Global competitiveness

4.3.2.4f - Reducing competition

4.3.2.4g - Local knowledge

4.3.2.4h - Legal requirements

4.3.2.4i - Supply chains and distribution

4.3.2.4j - Sharing costs and risks

4.3.2.5a - Exchange rates and global expansion

4.3.2.5b - Skill shortages

4.3.3 - Global marketing

4.3.4 - Global industries and companies

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