Business Models and Theories

Encourages wider assessment of overall business performance based on three areas PEOPLE,PROFIT and PLANET

Encourages management to measure business performance using both financial and non-financial data

Illustrates the phases a business may experience as its strategy diverges from that needed to respond to changes in the external environment

involves making decisions based on evidence and adopting a systematic approach,rather than intuition,hunch or 'gut reaction'

predicts that unit costs will fall as a business becomes more experienced in production

identifies the four ways in which a business can meet its corporate social responsibilities

Identifies 4 types of culture in an organisation (Power,Role,Task,Person)

Describes the different stages a product goes through over time (Introduction,Growth,Maturity,Decline)

identifies the three marketing strategy choices a business should make as it decides how to compete in its chosen markets

analyses the forces working for and against change in a business to help determine whether change is possible

Identifies five different management styles based on a manager's concern for people and task

A framework for identifying and analysing the key external influences that affect the strategy of business

A theory of motivation where there are 5 levels of human needs that employees need to have fulfilled work

A framework that analyzes the nature of competition within an industry

Analyses the internal strengths and weakness of a business and the external opportunities and threats that the business needs to respond to

Positions products in relation to how fast the market is growing and the market share of the product compared with the largest competitor

Positions managers in terms of how much freedom they allow subordinates in decision-making

The combination of seven elements of marketing that aim to work together to achieve the objectives of a marketing strategy

Identifies the approaches a business can take towards its stakeholders based on their level of power over the business and their interest in the business

To identify the most productive workers and believed that employees were best motivated by financial rewards based on employee output

Used by a business to determine the competitive position of its brands and products based around two relevant dimensions (eg Price & Quality)

Describes 2 contrasting approaches to the importance of employees to a business and how they are managed

Motivators - Responsibility at work,Meaningful work,Recognition

Hygiene -Pay,Working conditions,Supervision

Suggests approaches based on cost or differentiation that businesses could use to gain competitive advantage

Identifies 4 different marketing strategies that a business can adopt to grow and the relative risk of each strategy

Illustrates the phases of expansion and contraction of the economy over a period of time

Identifies options foe a business to position a product based on two dimensions: Price and Perceived value

Shows the options for businesses to manage their international operations based on two pressures:Local responsiveness and Global integration

Identifies the 5 crises that a business may experience as it grows through 6 different phases

Identified 6 ways in which organisational culture varies in different countries

4 causes of resistance to change and 6 ways in which resistance to change could be overcome

Suggests 5 job characteristics that can be studied to help predict job satisfaction

PED-measures the responsiveness of the quantity demanded in relation to change in price

YED-measures the responsiveness of the quantity demanded in relation to change in income

Economies of scale- when unit costs fall as output rises

Diseconomies- -unit costs start to rise when output gets too high