You are on page 1of 3

SBL : REVISION MODELS

MODEL COMPONENTS APPLICATION EXAMINATION


QUESTIONS
PESTEL/SLEPT/STEEPLE -Used To analyse -An exam question
Political  Economic external environment. may ask you for an
 Socio-cultural 'environmental
 Technological  analysis' or an 'analysis
Environmental of the macro
 Legal environment'.

When required to use


the PESTEL framework
when answering
questions, it is
important to avoid
commenting on the
featured organisation's
internal strengths and
weaknesses. These are
not relevant to a
macro-environmental
analysis, and so
mentioning these
issues would earn no
marks.
Porters Diamond Factor conditions  Firm -Competitive students are expected
strategy structure and advantage of nations. to apply the model to
rivalry  Demand -Attractiveness of a assess the
conditions  Related and foreign country. attractiveness of a
supporting industries foreign country.
Porters Five forces threat of new entrants; -Analyse -candidates to use an
substitute products; the competitiveness of a appropriate model to
bargaining power of firm in an industry. analyse the
customers; the bargaining competitive
power of suppliers; environment of a
competitive rivalry. company.
Marketing mix product, price, place and -Used to decide the -useful when
promotion. For services, right marketing answering questions
this is extended to include strategy. that require you to
people, processes and advise on courses of
physical evidence. action.
-to recommend
appropriate marketing
strategies
The value chain Analysis -Primary activities are The value chain - It is suitable for
directly related to diagram is also worth answering questions
production, sales, committing to memory that require analysis of
marketing, delivery and since it is an excellent how an organisation
service. basic description of works, but is also very
-Support activities provide how an organisation useful for questions
purchased inputs, human works. that require you to
resources, technology and make suggestions for
infrastructural functions dealing with business
to support the primary problems.
activities
The product life cycle Inception,growth,maturity -product portfolio -where a question calls
and decline. analysis for some kind of
product portfolio
analysis, you should
initially think in terms
of the product life
cycle.
The SWOT analysis strengths and weaknesses -combines the results An exam question may
opportunities and threats of the environmental ask you for a full SWOT
analysis and the analysis, or may focus
internal appraisal into on either internal or
one framework for external factors. I
assessing the firm's
current and future
strategic fit
TOWS matrix SO strategies employ
strengths to seize
opportunities
 ST strategies employ
strengths to counter or
avoid threats
 WO strategies
address weaknesses so
as to be able to exploit
opportunities
 WT strategies are
defensive, aiming to
avoid threats and the
impact of weaknesses
Boston Consulting Market growth and assesses businesses in The use of the BCG
Group (BCG)matrix market share. terms of potential cash matrixis highly
generation and cash appropriate in
expenditure assessing the
requirements companysgroup's
portfolio.
The public sector service efficiency and the analysis of services
portfolio matrix public attractiveness provided by public
sector bodies.
The Ashridge model assesses the benefit exam can ask
SBUs can derive from a candidates to consider
corporate parent a potential acquisition
playing the parental by a corporate parent.
developer role
Porters generic Cost Cost leadership and -For effective strategic
strategies leadership,differentiation differentiation are choice
and focus. industry-wide
strategies. Focus
involves segmentation
but also the pursuit,
within the chosen
segment only, of a
strategy of cost
leadership or
differentiation.
The balanced scorecard Financial perspective, emphasises the need it is used to translate
Internal business process, for a broad range of mission and strategy
Customer perspective, KPIs and builds a into objectives and
Innovation and learning rational measures, and focuses
perspective structure that reflects on four different
longer term prospects perspectives,
as well as immediate
performance.

You might also like