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Examples of MECE arrangements include categorizing people by year of birth (assuming all years are known), apartments by their building number, letters by postmark, and dice rolls. A non-MECE example would be categorization by nationality, because nationalities are neither mutually exclusive (some people have dual nationality) nor collectively ...
The Logical Framework Approach was developed in 1969 for the U.S. Agency for International Development (USAID). It is based on a worldwide study by Leon J. Rosenberg, a principal of Fry Consultants Inc. [1] In 1970 and 1971, USAID implemented the method in 30 country assistance programs under the guidance of Practical Concepts Incorporated, founded by Rosenberg.
Marketing strategy refers to efforts undertaken by an organization to increase its sales and achieve competitive advantage. [1] In other words, it is the method of advertising a company's products to the public through an established plan through the meticulous planning and organization of ideas, data, and information.
The section below titled Business/IT dialogue, explores one framework for thinking about the IT implications of different corporate strategies. An operating model is one of the tools that leaders can use to help them formulate and execute strategy. Typically work on an operating model starts after some strategic plan has been proposed.
A business process modeling of a process with a normal flow with the Business Process Model and Notation. Business process modeling (BPM) is the action of capturing and representing processes of an enterprise (i.e. modeling them), so that the current business processes may be analyzed, applied securely and consistently, improved, and automated.
It is, for example in a marketing scenario, of interest to find implications which are true for more than x% of the rows in the data set. An online bookshop may be interested, for example, to search for implications of the form If a customer orders book A he also orders book B if they are fulfilled by more than 10% of the available customer data.
The first logical framework was Automath; however, the name of the idea comes from the more widely known Edinburgh Logical Framework, LF. Several more recent proof tools like Isabelle are based on this idea. [1] Unlike a direct embedding, the logical framework approach allows many logics to be embedded in the same type system. [3]
Marketing mix is the most important part of marketing strategy, which is "the framework to manage marketing and incorporate it within a business context [6] ". Marketing strategy: how a business achieves its marketing objectives. The initial step to achieve a marketing strategy is to identify the market target and build up a business plan. [6]