Answer:
Trade Bloc
Explanation:
Trade Bloc is a type of agreement between two sovereign nations in which barriers to trade are either reduced or totally eliminated between the two nations. This type of agreement can either be one agreement between several nations or a part of a regional organization.
So, the example of Iceland and Norway is an example of a trade bloc.
Answer:
C. strategic planning
Explanation:
Strategic planning involves the way or process an organization adopts in determining its strategy, direction and making decisions on how to allocate resources better and implement strategy. It is also the technique which guides and controls the implementation of strategy.
Tools used for strategic planning includes.
1. Growth share matrix.
2.PEST analysis.
3.SWOT analysis.
4.Scenerio planing. etc.
I will recommend SWOT Analysis for his Dental business
SWOT Analysis is a strategic planning technique used for identifying and analyzing internal strengths and weaknesses in an organization and the analysis includes Strength, Weakness, Opportunities and Threat.
- This Strategic technique helps to identify a potential competitive advantage.
- The SWOT Analysis are used to evaluate the company's competitive position because its assess both the internal and external factors.
In conclusion, i will recommend to Samir to use the SWOT Analysis to determine his dental business competitive potential.
Learn more about SWOT Analysis here
<em>brainly.com/question/18068310</em>
