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BST > Models > Flashcards

Models Flashcards

1
Q

What does Mendlow’s Matrix analyse?

A

Stakeholders

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2
Q

Mendlow’s Matrix - Low Interest Low Power

A

Minimum effort

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3
Q

Mendlow’s Matrix - Low Interest High Power

A

Keep satisfied

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4
Q

Mendlow’s Matrix - High Interest Low Power

A

Keep informed

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5
Q

Mendlow’s Matrix - High Interest High Power

A

Allow participation

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6
Q

What does PESTEL analyse?

A

Environmental analysis

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7
Q

PESTEL - P

A

Political

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8
Q

PESTEL - E (1)

A

Economical

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9
Q

PESTEL - S

A

Social

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10
Q

PESTEL - E (2)

A

Environmental

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11
Q

PESTLE - L

A

Legal

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12
Q

What does Porters Diamond analyse?

A

Competitive advantage

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13
Q

Components of Porters Diamond

A

Factor side; demand side; related and supporting industry; strategy, structure and rivalry

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14
Q

Steps in Industry Lifecycle

A

Introduction; growth; shakeout; maturity; decline

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15
Q

What does Porters Five Forces analyse?

A

Level of competition

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16
Q

Components of Porters Five Forces

A

Bargaining power of suppliers; bargaining power of customers; threat of new entrants; threat of substitutes; competitive rivalry

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17
Q

Components of Primary Value Chain

A

Inbound logisitics; operations; outbound logisitcs; marketing and sales; after service

18
Q

Components of Support Value Chain

A

Firm infrastructure; HR; technology; procurement

19
Q

Steps in Product Lifecycle

A

Development; introduction; growth; maturity; decline

20
Q

What does BCG analyse?

A

Where to allocate resources

21
Q

BCG - High Growth High Market Share

A

Star

22
Q

BCG - High Growth Low Market Share

A

Problem child

23
Q

BCG - Low Growth High Market Share

A

Cash cow

24
Q

BCG - Low Growth Low Market Share

A

Dog

25
Q

What does Porters Generic Strategies analyse?

A

Competitive positioning

26
Q

Components of Porters Generic Strategies

A

Cost focus; cost leadership; differentiation focus; differentiation

27
Q

What does Ansoff’s Matrix analyse?

A

Directions for growth

28
Q

Components of Ansfoff’s Matrix

A

Penetration; market development; product development; diversification

29
Q

Components of Brand Positioning

A

Premium; economy; bargain; cowboy

30
Q

Components of Mintzberg’s structure

A

Operating core; middle line; strategic apex; technostructure; support staff

31
Q

Components of Big Data

A

Volume; velocity; variety; veracity

32
Q

Cultural barriers to change

A

Structural inertia; group inertia; power structures

33
Q

Personal barriers to change

A

Habit; security; earnings; fear of the unknown

34
Q

What does the Lewin & Schein Iceberg analyse?

A

Managing change

35
Q

Components of Lewin & Schein Iceberg

A

Unfreeze; move; refreeze

36
Q

Lewin & Schein - Unfreeze

A

Involves a trigger

37
Q

Lewin & Schein - Move

A

Make and communicate changes

38
Q

Lewin & Schein - Refreeze

A

Consolidate and reinforce

39
Q

Components of Strategy Evaluation

A

Suitability; feasibility; acceptability

40
Q

Components of Sustainability

A

Social; economic; environmental

41
Q

Components of Performance Management

A

Financial; customer; internal business; learning

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