Different Types of Business Tools

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Sketch Ansoff's Matrix
(y axis = markets (^ existing, new)) (x axis = products (new)). (e,e = market penetration), (e,n = market development), (n,e = product development) & (n,n = diversification)
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Sketch Ishikawa's Fishbone Diagram
Main problem in a square on the right hand right, a horizontal line on the left hand side. Vertical lines off the horizontal line stating the potential causes of the main problem. Horizontal lines from the causes, reasons why those problems may occur
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Sketch a Decision Tree
Key = decision node, chance node, probability, rejected option. Decision node on the left side (square), however many lines coming off it to create chance nodes (circle), lines coming of that with probability (0.2) & financial success of each option
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Sketch Lewins Forcefield Analysis
Outline the proposal for change (vertically in the middle of the page), driving force on the left hand side & restraining forces on the right hand side. Each force has an estimated score from 1-5 (1 being weak & 5 being strong)
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Draw a Traditional Hierarchal Structure organised by function
Going from top to bottom & left to right. Chairperson> Chief Executive> Marketing Director> Operations Management> Finance Director> Human Resources Director. MS> Sales manager (>regional managers>sales staff) Market Research Manager.
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Continuation of a Traditional Hierarchal Structure organise by function(1)
OM>Factory Manager(>Factory Supervisors>Line workers), Quality Control Engineers, Research & Development Manager. FD>Financial Accountant(>Credit Controllers>Assistants), Admin Manager(>Office supervisor). HRD>Staff Appraisal Manager(>Assistants),
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Continuation of a Traditional Hierarchal Structure organise by function (2)
HRD > Training Manager > Training Supervisor
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Sketch a Typical Hierarchal Pyramid
Chief Executive, Directors, Middle Managers, Supervisors, Line Worker
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Sketch a Hierarchal Structure by; Product & Region
Product; Chief Executive>P1 (>production, purchase, marketing, finance), P2 ("). Region; Chief Executive> each region the business is based in. Function;
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Key features of effective communication
Sender (or transmitter) of the message, clear message, appropriate medium (way in which it's sent), receiver (understands the message's meaning), feedback to confirm receipt and understading
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Sketch a Product Position Map/Perception Map
Identify 2 features of this product that are very important to consumers. Plot competing products on the graph (e.g for hotels, low - high price (y axis) & bad - good accommodation (x axis))
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Find the 4 quarter moving total, 8 quarter moving total, trend quarterly moving total, season variation, avg season variation & random variation of; 2011=120, 140, 190, 580 & 2012=130, 160, 220 , 160
4 qmt (2011-4=580, 2012-1=590, 2=610,3=640,4=670). 8qmt (2012-1=1170, 2=1200, 3=1250, 4=1310). Trend (2011-3=146.25, 4=150, 1=156.25, 2=163.75, 3=167.5, 4=168.75). SV (2011-3=42.75, 4=(20), 1=(26.25), 2=(3.75), 3=52.5, 4=(8.75).
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Continuation of finding the Average Seasonal Variation (1 decimal place) & Random Variation
Average SV (2011-3=51.7, 4=(15.4), 1=(33.3), 2=(4.6), 3=51.7, 4=(15.4). RV (2011-3=(7.95), 4=(4.6), 1=7.05, 2=0.85, 3=0.8, 4=6.65)
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Sketch The Matrix Structure
Y axis = (top - bottom) Project Team 1, Project Team 2, Project Team 3, etc. X axis = (left - right) Finance Dept, Production Dept, Marketing Dept, Human Resources, Research & Development.
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Sketch Handy's Shamrock Organisation
First leaf (peripheral - flexible workers) = part-timers, contractors, consultants. Second leaf (core workers) = full-time workers, crucial to the organisation. Third leaf (contract - outsourced work) = paid to complete particular & specialised tasks
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Other cards in this set

Card 2

Front

Sketch Ishikawa's Fishbone Diagram

Back

Main problem in a square on the right hand right, a horizontal line on the left hand side. Vertical lines off the horizontal line stating the potential causes of the main problem. Horizontal lines from the causes, reasons why those problems may occur

Card 3

Front

Sketch a Decision Tree

Back

Preview of the front of card 3

Card 4

Front

Sketch Lewins Forcefield Analysis

Back

Preview of the front of card 4

Card 5

Front

Draw a Traditional Hierarchal Structure organised by function

Back

Preview of the front of card 5
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