Reference no: EM133046272

Match the framework to the characteristic or purpose that best describes it. One to one relationship. Frameworks:

• Porter 5 Forces
• Value Chain Analysis
• Ansoff Matrix
  PESTEL
• The Productivity Frontier
• Value Innovation Framework
• GE-McKinsey 9 Box Matrix
  SCP model

Characteristics:

1. Is useful in determining whether an industry is likely to expand or contract in the future 
2. Useful in determining the size of the "wedge" in a Porter Generic Strategy 
3. Considers firm activities as parts of interconnected business systems rather than as discrete departmental processes 
4. Uses ratios to identify best practices 
5. Is useful in helping a strategic business unit generate business growth ideas 
6. Helpful in allocating financial resources between Strategic Business Units 
7. Originally developed to help understand why industries can differ significantly in terms of profit potential 
8. Used to graphically demonstrate how firms make a profit 
9. The steps: 1. Eliminate, 2. Reduce, 3. Raise, and 4.Create are most closely associated with the this framework 
10. A graph demonstrating the different positions a firm can adopt in creating value. 
11. The curve of the graph represents the boundary of industry best practices. 
12. Helps explain how competition structure (perfect competition, monopolistic competition, oligopoly, and monopoly) drive managerial behavior