POLC aka Bail?
POLC
what is part of the strategy of a business
Number 5
Threat of substitute products or services
S
What is strengths (internal)
Neuroticism
what is angry, moody, and irritable (aka lil hormone monster)
vehicles
how will you get there
O
What is organizing
What is bargaining power of customers
W
What are weaknesses (internal)
conscientiousness
what is organized, systematic, goal oriented, dependable (aka your girlfriend)
staging
what will be our speed and sequence of moves
C
What is controlling
number 1
What is competitive rivalry
O
What are opportunities (external)
agreeableness
what is nice, tolerant, sensitive, trusting, kind, and warm (wow bail again!)
hey
you're doing great babe, i love you!
L
What is leading
number 4
What are threats (external)
Openness
What is curious, creative, open to new ideas (my amazing boyfriend, aka you)
differentiators
how will we win (what makes us different)
P
What is planning
number 2
What is bargaining power of suppliers
examples of internal and external
internal- reputation, parents, location
external- suppliers, competitors, prize (price?)
Extraversion
what is outgoing, talkative, sociable, enjoys social situations (wow my hot boyfriend again!)
arenas
where will we be active