20 Mark Solutions Paper 4

Strategic Analysis 💡

Advise E-Ventures on which strategic analysis technique(s) should be use to develop future growth strategies for E Ventures. [20]

E-Ventures Case Study 2023 Download

Porter’s Five Forces includes an analysis of the power of buyers, suppliers, the threat of substitutes, barriers to entry and competitive rivalry.

E Ventures could use Porter’s five forces as a guide when deciding on which 10 foreign markets to enter with the greatest potential sales.

By analysing the strength of competitors for electric vehicles or the threat of new entrants in each foreign market, Jackie can focus growth strategies on the export markets with the most favourable conditions for expansion.

Moreover, the Five Forces analysis can be used to guide business strategy to increase competitive advantage. By allowing E Ventures to find its strengths against the competition from established car manufacturers, it can further build on these advantages by ret...