Justification using SWOT, PESTLE & Product Life Cycle Models | BTEC National Business Unit 2

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  • Опубліковано 20 сер 2024

КОМЕНТАРІ • 36

  • @user-br8lx9rl7k
    @user-br8lx9rl7k 9 місяців тому +2

    inflation rates, exchange rates, economic growth, interest rates, and the overall state of the economy

  • @ray-lo2xb
    @ray-lo2xb Рік тому +6

    could you possibly go over the latest unit 2 exam (the one about the skateboard service one) since the service is where most people may get confused on.

  • @YeshwanthNandakumar
    @YeshwanthNandakumar 7 місяців тому +1

    these are the life stages of an product life cycle are :
    product introduction, growth, maturity, and decline

  • @lordastrum3283
    @lordastrum3283 Рік тому +2

    For PESTLE analysis what are common things to write about for social factors

  • @akemeyventures1072
    @akemeyventures1072 Рік тому +1

    POLITICAL INTERFERANCE

  • @rqnveerjudge471
    @rqnveerjudge471 Рік тому +1

    For PLC, do we talk about the stage of the market or the stage of the business because in this video it talks about stage of the market, but my teacher told us to talk about teh stage of the business?

    • @jackpercy3285
      @jackpercy3285 Рік тому +1

      Talk about the stage the business is at, in the cycle, and explain why it's there

  • @aymanchoudhury2868
    @aymanchoudhury2868 4 місяці тому

    if you do pestle would you only pick out information in the research pack or can you do your own points but relate it to how its positive or negative for the business

    • @tutor2u-official
      @tutor2u-official  4 місяці тому

      Focus on picking out evidence in the research pack only Ayman.

  • @ahaansachdeva
    @ahaansachdeva Рік тому +4

    Hi, Can you please also provide opportunities and threats examples?

  • @sharoozqamar1814
    @sharoozqamar1814 Рік тому

    For Pestle,SWOT and product life cycle which ones do you have to do and which are optional of choice.

    • @tutor2u-official
      @tutor2u-official  Рік тому +1

      None are compulsory - you can choose any two models. Just about every student uses SWOT. Most also do PESTLE, although I think it is better to use product life cycle [Jim]

    • @sharoozqamar1814
      @sharoozqamar1814 Рік тому

      @@tutor2u-official will the research information be given to us or do we have to do it ourselves.

    • @rizwanhussain7311
      @rizwanhussain7311 Рік тому

      Dollar rate

  • @soob7291
    @soob7291 7 місяців тому

    Hello do we have to do a overall swot pestle for the entire market first ? And then one for OUR business ?

    • @tutor2u-official
      @tutor2u-official  7 місяців тому

      No - the SWOT and Pestle should be specific to the business, based on the information in Part B and the research pack

  • @AdamKhan-sd6xk
    @AdamKhan-sd6xk Рік тому +1

    can you do pest instead of pestle

    • @tutor2u-official
      @tutor2u-official  Рік тому +1

      not really - the model is PESTLE for this unit. Another good reason to use the product life cycle - much easier and less to write!

  • @rizwanhussain7311
    @rizwanhussain7311 Рік тому +1

    Competion market share

  • @heartblaze9738
    @heartblaze9738 Рік тому

    For the swot task, do I first draw a table for each point, and then chose one to expand on? or do I just write abou the key points?

    • @tutor2u-official
      @tutor2u-official  Рік тому +2

      I would be tempted to write about 1-2 key strengths, weaknesses, opportunities and threats, as I illustrated in this video. A table is ok, but you need to make sure there is enough description and justification.

  • @sharoozqamar1814
    @sharoozqamar1814 Рік тому

    For the 7ps do we make our own up or do we pick them our from the case study and exmplain or same for PESTLE and SWOT.

    • @tutor2u-official
      @tutor2u-official  Рік тому

      For the Marketing Mix, you need to describe the main features of the 7Ps as they apply to the case study and your marketing campaign. E.g. what pricing strategy are you recommending? Any new distribution channels? Product development etc

  • @cap_4ever
    @cap_4ever Рік тому

    Do we have to give an explantion for the Gantt chart?

    • @tutor2u-official
      @tutor2u-official  Рік тому

      no - not so long as each element is mentioned somewhere

  • @shockgames02
    @shockgames02 3 місяці тому

    Do u have to justify the SWOT in part A?

    • @tutor2u-official
      @tutor2u-official  3 місяці тому +1

      Part B is where you use your SWOT analysis (AF4 - Justification). It is the last part of Activity 1.

    • @shockgames02
      @shockgames02 3 місяці тому

      @@tutor2u-official thanks very much!

  • @Josephstevens6
    @Josephstevens6 Рік тому +1

    do we have to use all the 7'ps or can we use the 4p method with expanded answers???

    • @tutor2u-official
      @tutor2u-official  Рік тому

      Expanded / detail on the 4Ps is most important. Refer to the other 3PS if you can, even if only briefly

  • @cryptic_expert1350
    @cryptic_expert1350 Рік тому

    What notes do we bring into the exam?

    • @tutor2u-official
      @tutor2u-official  Рік тому +1

      You can bring in your two-sides of A4 notes + an annotated copy of the Research Pack with any notes on it that you have added. These will need to be checked by the exams office to ensure you have not included any pre-prepared answers / marketing plans etc

    • @Faithjohnson3467
      @Faithjohnson3467 Рік тому

      @@tutor2u-official I have asked my teacher and sadly she said no because it was cheating. I really doubt that is because they are no answers