What model would you use? Flashcards
What model would you use if you had a question about considering if a mission statement is successful?
RSVP model
What model would you use if you were asked about stakeholders power or interest?
Mendelow’s theory
What model would you use if you were asked about environmental factors?
The PESTEL analysis
What model would you use if asked why a company would go global?
Ohmae’s 5 Cs
What model would you use if you were asked about the profitability of an industry?
Porter’s Five forces
What model would you use if you are asked how a company can benchmark performance or to compare company to industry average?
Benchmarking
What model would you use to evaluate the resources and sources of competences?
The 9 Ms
What model would you use when asked about calculated the relative market share and the growth of the market?
BCG Matrix
What model would you use to present the position of the business for management to make a decision?
SWOT analysis
What model would you use to discuss product- market strategy and the direction of growth?
Ansoff growth matrix
What model would you use to prepare a helpful structure for evaluating proposed strategies?
The SAF model
What model would you use to assess if a market is attractive to enter?
Porters 5 forces
What model would you use to discuss a business’ current position?
SWOT
What model would you use to discuss activities that add value?
Value Chain
What model would you use to discuss the marketing mix?
7Ps
What model would you use when discussing a planned change?
Gemini 4R
What model would you use to analyse competitive environment?
Porters 5 forces
What model would you use to analyse external environment?
PESTEL
What model would you use to discuss factors to consider in moving a large part of your operations overseas?
Porters Diamond or PESTEL
What model would you use to recommend/evaluate/assess a strategic decision?
SAF
What model would you use to discuss the resource/ feasibility audit?
9 Ms
What model would you use to discuss the constraints of a project?
Pace, Cost, Scope
What model would you use to discuss the manage of stakeholders?
Mendelow
What model would you use to discuss not-for-profit governance?
3 Es - efficiency, effectiveness and economy
What model would you use to analyse risk management strategies?
TARA model - Identify, assess, recommend response
What model would you use to complete portfolio analysis?
BCG / Product lifecycle
What model would you use to discuss why a company cannot pursue a strategy?
SAF
What model would you use to discuss aspects of sustainability?
Financial, social and environmental
What model would you use to discuss options for growth?
Porters generic strategies or ansoff matrix
What model would you use to discuss big data?
4 Vs - Volume, variety, velocity or veracity
What model would you use to discuss the directions for growth?
Ansoff matrix
What model would you use to discuss flexible firm?
The shamrock organisation
What model would you use to discuss the price to change internally for products?
Transfer pricing
What model would you use to measure how the change in price affects change in demand?
Elasticity of demand
What model would you use to discuss pricing decisions?
Market skimming, promotional pricing, everyday low prices, product line pricing, captive product prices, predatory pricing, value pricing, psychology pricing
What model would you use when measuring and reporting performance?
KPIs, CSI, balance scorecard, ROCE, RI
