Business Strategies 👔 || Grade 12 Business Studies

In this video, we cover Business Strategies for Grade 12 learners. We look at the following:

Timeline:
00:00 Intro
00:12 Why learn about Business Strategy & what is it
01:00 Strategic Management Process
01:14 Strategic Management Process Option One
04:22 Strategic Management Process Option Two
05:37 Porter's Five Forces Model - Power of Suppliers
08:35 Porter's Five Forces Model - Power of Buyers
09:43 Porter's Five Forces Model - Power of Competitors
10:49 Porter's Five Forces Model - Threat of substitution
11:59 Porter's Five Forces Model - Threat/Barrier of new entrants to the market
13:27 Pestle Analysis how to answer an exam question
14:10 Pestle Analysis - Political Factor
16:05 Pestle Analysis - Economic Factor
16:35 Pestle Analysis - Social Factor
17:52 Pestle Analysis - Technological Factor
18:33 Pestle Analysis - Legal Factor
18:52 Pestle Analysis - Environmental Factor
19:21 Other Business Strategies Use for Growth
19:38 Integration Strategies - Forward, Backward & Horizontal integration
21:38 Intensive Strategies - Market Penetration
23:00 Intensive Strategies - Market Development
23:35 Intensive Strategies - Product Development
24:15 Diversification Strategies - Concentric diversification
25:15 Diversification Strategies - Horizontal diversification
25:42 Diversification Strategies - Conglomerate diversification
26:22 Defensive Strategies Intro
26:46 Defensive Strategies - Divestiture/Divestment
27:33 Defensive Strategies - Retrenchment
28:01 Defensive Strategies - Liquidation
28:34 Exam questions
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