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Business Strategy & Technology > Models > Flashcards

Models Flashcards

1
Q

Porter’s generic strategies

A
  • Differentiation

- Cost leadership

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2
Q

Porter’s Value chain - Primary Activities

A 
Inbound logistics
Production
Outbound logistics
Sales & marketing
service
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3
Q

Porter’s Value chain - Supporting Activities

A

Firm infrastructure
Technology department
Human resource management
Procurement

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4
Q

Ansoff Matrix

A

Market Penetration
Market Development
Product Development
Diversification

  • Axes are new product, new market, existing product, existing market
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5
Q

9 Ms - Resource audit

A 
Manpower
Money
Machinery
Materials Suppliers
Markets
Management
Methods
Make-up
Management information systems
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6
Q

Kay’s core competencies

A

Competitive architecture

  • internal architecture (relationships with employees)
  • external architecture (relationships with suppliers & customers)
  • network architecture (relationships with collaborating businesses)

Reputation

Innovative ability

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7
Q

BCG matrix

A

Stars, cash cows, question marks, dogs

market growth vs market share

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8
Q

Big Vs of Big Data

A

Volume
Veracity
Variety
Velocity

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9
Q

Strategic clock

A 
perceived value by price
No frills
Low price
Hybrid
Differentiation
Focused differentiation
Strategies destined for ultimate failure
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10
Q

Pricing

A
  • 3 Cs
    Customer
    Competitor
    Cost
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11
Q

Components of organisations

A 
Strategic apex
Middle line
Technostructure
Support staff
Operating core
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12
Q

Mintzberg’s Building Blocks

A 
Simple structure (entrepreneurial)
Machine bureaucracy
Professional bureaucracy
Divisionalised
Adhocracy
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13
Q

Mintzberg’s Building Blocks

A 
Simple structure 
Machine bureaucracy
Professional bureaucracy
Divisionalised
Ahocracy
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14
Q

Span of control

A

Mnemonic - Controlling Men Less Successful Lovers

Complexity of Work
Management personality & ability
Location of subordinates
Subordinate ability
Level of organisational support
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15
Q

Handy’s Shamrock

A

Professional Core
Contractual Fringe
Flexible Labour Force
Customers

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16
Q

Factors affecting amount of decentralisation

A

MESSAGE

Management style
Effectiveness of communication
Size of organisation 
Speed of technological advancement
Ability of management
Geography of location 
Extent of diversification
17
Q

Earl’s Systems Audit Grid

A

Axes - business value & technical quality

Divest (low, low)
Reassess (low, high)
Renew (high, low)
Maintain, enhance, (high, high)

18
Q

Choosing which supplier

A

3 Rs
Responsiveness
Reliability
Relationships

Business Strategy & Technology (16 decks)

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