Applying frameworks Flashcards

1
Q

Best for profitability

A

Revenue
 Price per unit
 No. of units sold

Costs
 Fixed Cost
 Variable Cost

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Best for new business

A

3C and P

Customers Company Competition Product

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Best for marketing

A

4P

Product Place Promotion Price

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Best for merger and acquisition

A

M and A McKinsey
Stand-alone value of the targeting company:
Synergy of the two companies:
Other factors:

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Best for strategy implementation

A

McKinsey 7-S Model

Structure Strategy Systems Style Staffing Skills Shared Values

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Best for business strategy development

A
Porter’s Five Forces
Threat of New Entrants:
Threat of Substitute Products or Services:
Bargaining Power of Suppliers:
Bargaining Power of Buyers:
Rivalry Competition:
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Best for cases of new business

A

SWOT

Strengths Weaknesses Opportunities Threats

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Best for cases of product analysis

A
Value Chain framework 
Inbound Logistics
Operations
Outbound Logistics
Marketing and Sales
Service
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Best for cases of market research

A

STP
Segmenting
Targeting
Positioning

Supply and Demand framework

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Best for decision making process

A

Cost and Benefit framework

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Best for new product, product development opportunities

A

BCG 2x2
on x-axis: Market share -> low-high
on y-axis: Market growth -> low-high
1-4 quadrants -> stars; question marks; dogs; cash cows.

SWOT
Strengths Weaknesses Opportunities Threats

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Best for new product

A

3P&C

Customers Company Competition Product

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Best for new market entry

A

3P&C
Customers Company Competition Product

Supply and Demand framework

Porter’s Five Forces
Threat of New Entrants:
Threat of Substitute Products or Services:
Bargaining Power of Suppliers:
Bargaining Power of Buyers:
Rivalry Competition:
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Best for growth strategy

A

3P&C

Customers Company Competition Product

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Best for company assessment/improvement

A

3P&C
Customers Company Competition Product

McKinsey 7-S Model
Structure Strategy Systems Style Staffing Skills Shared Values

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Best for industry analysis

A
Porter’s Five Forces
Threat of New Entrants
Threat of Substitute Products or Services
Bargaining Power of Suppliers
Bargaining Power of Buyers
Rivalry Competition
17
Q

Best for alignment for companies during changes (restructuring, new systems, organizational merger, etc.)

A

McKinsey 7-S Model

Structure Strategy Systems Style Staffing Skills Shared Values

18
Q

Best for new trends and changes, competitive advantage

A

SWOT
Strengths Weaknesses Opportunities Threats

Value Chain framework 
Inbound Logistics
Operations
Outbound Logistics
Marketing and Sales
Service
19
Q

Best for strategic planning

A

SWOT
Strengths Weaknesses Opportunities Threats

Value Chain framework 
Inbound Logistics
Operations
Outbound Logistics
Marketing and Sales
Service
20
Q

Best for cost analysis and price setting

A
Value Chain framework 
Inbound Logistics
Operations
Outbound Logistics
Marketing and Sales
Service

Supply and Demand framework