Tools & Frameworks
The Business Framework
0%
Explaining the Business Framework
Description
How Does the Business Framework Work?
How Does the Business Framework Work?
Case A: Where Do Open Max European Flagship Branch?
Max Brenner Wants to Enter the European Market
Our Approach for Max Brenner
Next Step of Our Analysis: Research!
Our Research Findings on Chocolate Consumption
14.5k
Times solved
4.4
100+ Ratings
Description

The Business framework is the most commonly used framework in management consulting. The reason why it's so popular is because of the framework's flexibility. You can use the framework to work out market entry problems or to conduct customer research but you can also use it to solve operational problems. 

The framework is centered around 5 key branches related to business being Customer, Product, Company, Competitor and Industry. These five branches together can help us map out and structure business problems or challenges ranging from market growth, pricing issues, competitive analysis, benchmarking, new product launch, M&A and much more. It's highly flexible and very powerful which is why it forms the essence of almost every one of our business challenges.

The course consist of explaining the Business framework along with a practical case.

How likely are you to recommend us to a friend or fellow student?
0 = Not likely
10 = Very likely
You are a true consultant! Thank you for consulting us on how to make PrepLounge even better!