Business Strategy Flashcards

1
Q

Axis in FCB

A

Involvement and Information to Feeling

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2
Q

Reframe your vision

A

Revolutionise to become extra-ordinary

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3
Q

Four Quadrants of FCB

A

Informative, Affective, Habitual, Satisfactory

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4
Q

CLV

A

Customer Life Time Value

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5
Q

CAC

A

Customer Acquisition Cost

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6
Q

ROI

A

CLV / CAC

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7
Q

Turnover

A

Amount of income generated

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8
Q

Three main questions of business model canvas

A

What is it worth? Viability
Can we deliver it? Feasibility
Do customer like it? Desirability

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9
Q

McKinsey 7S Model

A

7 Continents: Strategy, Staff, System, Style, Structure, Shared Value, Skills

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10
Q

12P of Marketing Mix

A

Price, Product, Place, Promotion, , Packaging, Process, People, Positioning, Planning, Policy, Partnership, Performance

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