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
