Summary of this Deck of Flashcards



DeckID140
DeckNameBusiness Consulting Terms
DeckDescriptionBusiness consulting terms related to mckinsey and business process mapping
Created4/13/2009 3:34:19 PM
AuthorID85577334-1780-4538-8b04-27928c402e6e




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MECE principle

way of organizing things into mutually exclusive and collactively exhaustive elements

mutually exclusive

2 events are mutually exclusive if they cannot occur at the same time

collectively exhaustive

a set of events is collectively exhaustive if at least one of the events must occur

Business Process Mapping

activities involved in defining exactly what a business entity does, who is responsible

Porter's five forces analysis

threat of substitute products

threat of the entry

intensity of competitive rivalry

bargaining power of customers

argaining power of su