Develop answerable, predictive, and clear assertions. Note: It is sometimes transformed into SLEPIT (Social, Legal, Economic, Political, Intercultural, Technological), STEEPLE (Social, Technological, Economic, Environmental, Legal, Ethical) and DESTEP (Demographic, Economic, Social, Technological, Environmental, Political). How Competitive Forces Shape Strategy. (1925). Training & Development Journal.Complexity: High, More information: –Source: –Complexity: Low, The Best Business Frameworks, Management Frameworks and Strategy Frameworks, Levels of Strategy: Corporate, Business and Functional Strategy, Hersey and Blanchard’s Situational Leadership Model, Fiedler’s Contingency Model of Leadership, How to Solve a Profitability Case Interview, How to Solve a Market Entry Case Interview, https://www.business-to-you.com/hofstedes-cultural-dimensions/, https://www.business-to-you.com/porter-diamond-model/, https://www.business-to-you.com/industry-analysis/scanning-the-environment-pestel-analysis/, https://www.business-to-you.com/porters-five-forces/, https://www.business-to-you.com/value-net/, https://www.business-to-you.com/bcg-matrix/, https://www.business-to-you.com/what-is-strategy/, https://www.business-to-you.com/ansoff-matrix-grow-business/, https://www.business-to-you.com/international-business-strategy/, https://www.business-to-you.com/choosing-the-right-entry-mode-strategy/, https://www.business-to-you.com/profitability-case-interview/, https://www.business-to-you.com/swot-analysis/, https://www.business-to-you.com/value-disciplines-customer-intimacy/, https://www.business-to-you.com/vrio-from-firm-resources-to-competitive-advantage/, https://www.business-to-you.com/aida-model/, https://www.business-to-you.com/marketing-funnel/, https://www.business-to-you.com/crossing-the-chasm-technology-adoption-life-cycle/, https://www.business-to-you.com/blake-mouton-managerial-grid/, https://www.business-to-you.com/fiedler-contingency-model/, https://www.business-to-you.com/hersey-blanchard-situational-leadership-model/, Three Levels of Strategy: Corporate Strategy, Business Strategy and Functional Strategy, Fiedler’s Contingency Model of Leadership: Matching the Leader to the Situation, Hersey and Blanchard Situational Leadership Model: Adapting the Leadership Style to the Follower, Blake and Mouton Managerial Grid: A Behavioural Approach towards Management and Leadership, Crossing the Chasm in the Technology Adoption Life Cycle, Blue Ocean Strategy: How to Make the Competition Irrelevant. Content Retrieval. The Managerial Grid: The Key to Leadership Excellence. CHAPTER II: THEORETICAL FRAMEWORK 2.1 Introduction In this fast-paced era, the need for faster, reliable and more convenient systems increases in any aspects of the society. More information: https://www.business-to-you.com/ansoff-matrix-grow-business/Source: Ansoff, I. Scanning the Environment: PESTEL Analysis, BCG Matrix: Portfolio Analysis in Corporate Strategy, SWOT Analysis: Bringing Internal and External Factors Together, VRIO: From Firm Resources to Competitive Advantage, Fiedler’s Contingency Model of Leader-Situation Matches, Kotter’s 8 Steps of Change (Management) Model, Lewin’s 3 Step Model of Change (Management). To give you a better understanding of research frameworks, we collated a list of samples that you can easily download in PDF formats. Dunning draws upon theories such as the internalization theory and the transaction cost theory to validate his framework. Aside from web development, you can use frameworks in executing research methodologies, such as quantitative and qualitative research. This framework distinguishes four different approaches to Acquisition Integration or Merger Integration depending on a company’s need for Strategic Interdependence between the acquirer and the target firm and the need for Organizational Autonomy: Preservation, Symbiosis, Holding and Absorption. Frameworks can be categorized based on several levels of analysis: Hofstede’s cultural dimensions theory is a framework for cross-cultural communication, developed by Geert Hofstede. After receiving the relevant information, you will be able to determine the holes of the data between the existing information and your current study. The model focuses on the four main groups that influence a company’s direct environment: Customers, Complementors, Competitors and Suppliers. Culture’s Consequences: International Differences in Work-Related Values. More information: https://www.business-to-you.com/industry-analysis/scanning-the-environment-pestel-analysis/Complexity: Low,
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, More information: –Source: Porter, M.E. This framework needs little introduction as it has been used and overused in virtually every strategic planning discussion. The New Self-Governance: A Theoretical Framework - Volume 19 Issue 1 - Stephen M. Maurer Skip to main content Accessibility help We use cookies to distinguish you from other users and to provide you with a better experience on our websites. The profit tree is a simple but very effective way to structure a company’s revenue and cost streams. However, you also have to ensure that these questions are answerable given the time and the resources that you have. Performance that is below expectations leads to a customer dissatisfied, while performance that meets expectation… More information: –Source: Haspeslagh and Jemison (1991). Home > Books > Perspectives on Business and Management. It describes the effects of a society’s culture on the values of its members, and how these values relate to behavior, using a structure derived from factor analysis. Read the following instructions to ensure that you are doing your research correctly. Are You Sure You Have a Strategy? New York: Free Press of GlencoeComplexity: Medium, More information: http://productlifecyclestages.com/Source: Levitt (1965). When researching with a set framework, the first thing that you must do is to observe the research surroundings. Originated as PEST Analysis, this framework is used in the early phases of strategy development to describe the landscape and environment in which a firm operates (PESTEL stands for Political, Economic, Social, Technological, Environmental and Legal). Students studying in the college or the University of Singapore often face issues in preparing the theoretical framework. In doing so, make sure that the items that you have come up with will interest you and your audience. Harvard Business ReviewComplexity: Medium. Enduring Ideas: The 7-S Framework. Before conducting a research project, it is essential to learn the use of research frameworks. Ansoff Matrix: How to Grow Your Business? TOWARDS A THEORETICAL FRAMEWORK FOR ONLINE PROFESSIONAL DISCUSSIONS Lenore Adie Faculty of Education Queensland University of Technology, Australia lenore.adie@qut.edu.au Abstract Online interactions are becoming commonplace for a multitude of educational purposes. New York: Free Press.Complexity: High. Companies that try to excel in all of these ways would end up somewhere ‘stuck in the middle’, according to Porter. We created this article to ensure that you are not going to conduct your research project aimlessly. Business Frameworks are useful tools that help you analyze business issues and structure your thinking. Houston: Gulf Publishing Co.Complexity: Low, More information: https://www.business-to-you.com/fiedler-contingency-model/Source: Fiedler, F.E. More information: https://www.business-to-you.com/international-business-strategy/Source: Bartlett, C.A. The business has several dimensions such as purchasing the inputs, converting the inputs into the output, selling that output at a profitable price. To develop a research framework, you have to team up with the individuals within your organization or community. Customers and Suppliers are described in similar terms to Porter’s model. (1970). Resources should be Valuable, Rare, Inimitable and Organisation-wide supported: VRIO. The international business management is one of the most relevant parts for the … A Theoretical Framework (Modelling) for International Business Management. Strategy consultants and business analysts often use these frameworks in order to clearly communicate their recommendations to their clients. The model is based on the theory that, for an organization to perform well, these seven elements need to be aligned and mutually reinforcing. 6 In this section we define the BM and look at the evolution of the concept … A systematic approach to analyze your value chain, and identify where to create the greatest value for the customer. Growth-Share Matrix. To close the gap, use this knowledge difference to come up with questions, which you will be focusing on for the rest of your project. Frameworks are useful tools that help you analyze business issues, structure your thinking and communicate recommendations. 10+ Research Framework Examples. The model is most often used as an organizational analysis tool to assess and monitor changes in the internal situation of an organization. A framework is an essential idea that humans have been using to build something effectively. It allows a company to see where improvements can be made in case of profitability issues. More information: http://www.businessmodelgeneration.com/ or http://alexosterwalder.com/Source: Osterwalder et al. Competitive Advantage: Creating and Sustaining Superior Performance. THE THEORETICAL FRAMEWORK 4.1 INTRODUCTION This chapter engages various theoretical constructs to unravel the notion of urban regeneration and provide the lenses through which urban regeneration can be construed. Exploit the Product Life Cycle. More information: https://www.business-to-you.com/vrio-from-firm-resources-to-competitive-advantage/Source: Barney. (1957). This technological innovation is aimed to provide the students ease and better service every start of the semester. 2.5k Downloads; Abstract. Over the years, this study led to six cultural dimensions on which nations can be ranked: Power Distance, Individualism/Collectivism, Masculinity/Femininity, Uncertainty Avoidance, Long-term/Short-term Orientation and Restraint/Indulgence. An often used framework to distinguish multiple forms of internationally operating businesses is the Bartlett & Ghoshal Matrix (1989). Managing Across Borders. Harvard Business Review.Complexity: Low. With the theoretical framework you frame your research and show that you are knowledgeable about the key concepts, theories, and models that relate to your topic. BCG Perspectives.Complexity: Low. Whether you are conducting marketing research or nursing research, you will need to gather the relevant information that surrounds your study for a better understanding of your research. Four international business strategies in the digital world by Valacich. This structure is widespread in various fields. It depicts the valueexchanges within a business network and focuses on the interactions of the entity with others in the value network (Gordijn and Akkermans Toward an Eclectic Theory of International Production: Some Empirical Tests. The theoretical framework consists of theoretical principles, constructs, concepts,andtenants of a selectedtheory(Grant &Osanloo, 2014). The framework was initially developed by John Dunning in 1979 under the name Eclectic paradigm. Once you have all the necessary information, analyze it using statistical methods to come up with the best solution, and conclusion for your research project. You can collect this type of information by scanning related reports and writings from a public library, publications, and other sources. Authors; Authors and affiliations; Ofer Zwikael; John R. Smyrk; Chapter. More information: https://www.business-to-you.com/aida-model/Source: Strong, E.K. It also allows you to come up with relevant research questions and research objectives. Harvard Business Review.Complexity: Medium. Definition of Terms 23 IV Theoretical Framework. THE place that brings real life business, management and strategy to you. Once you have gathered the research questions, you can easily create the objectives of your project. Business Theoretical framework Name Institution Date Business Theoretical framework Business theories are used to explain different aspects of business related subjects such as management, human relations, classical styles, leadership, quality management, and organizational development… It is often used in collaboration with other analytical business tools such as the SWOT analysis and Porter’s Five Forces to give a clear understanding of a situation and related internal and external factors. Michael Porter's Five Forces - According to Wikipedia, Porter's 5 forces analysis is a framework for the industry analysis and business strategy development developed by Michael Porter of … Porter’s generic strategies describe how a company pursues competitive advantage by positioning itself in between its rivals. Combined these strategies offer four potential ways of companies to position themselves. The role of accounting theory is to help in issues related to taxation and the right valuation of the business. Simon and Schuster.Complexity: Medium, More information: https://www.business-to-you.com/value-disciplines-customer-intimacy/Source: Treacy, M. & Wiersema, F. (1993). Theories of Selling. This paper presents a qualitative research project into video game sociology, using League of Legends as the research site. Down below is a list of the most prominent frameworks and models in today’s business world. ; You can frame your study by presenting the theoretical framework which will reflect that you have enough knowledge about your topic, relevant models, and theories. More information: https://www.business-to-you.com/choosing-the-right-entry-mode-strategy/Source: Dunning (1979). More information: https://www.business-to-you.com/porters-five-forces/Source: Porter, M.E. Harvard Business Review.Complexity: Medium, More information: https://www.business-to-you.com/blake-mouton-managerial-grid/Source: Blake, R. & Mouton, J. Bartlett and Ghoshal clustered these businesses based on two criteria: global integration and local responsiveness. Competitors however entails the Existing Rivals, New Entrants and the Substitutes in this model. Universitas 21 Global (U21G), a completely online institution offering … More information: http://www.atkearney.com/paper/-/asset_publisher/dVxv4Hz2h8bS/content/playing-on-the-new-strategy-chessboard/10192Source: A.T. Kearney (2010). A research framework is a precise representation of the structure of a research project plan. … Theoretical Framework: The Polytechnic University of the Philippines launched the Students Information System (SIS) for the online enrollment/registration of the students last 2008. More information: https://www.business-to-you.com/hofstedes-cultural-dimensions/ or https://geert-hofstede.com/national-culture.htmlSource: Hofstede, G. (1984). A company also chooses one of two types of scope, either focus (offering its products to selected segments of the market) or industry-wide, offering its product across many market segments. The Academy of Management Executive.Complexity: Medium. A Theory of Leadership Effectiveness. More information: https://www.business-to-you.com/marketing-funnel/Source: –Complexity: Medium, More information: –Source: –Complexity: Low, More information: https://www.business-to-you.com/crossing-the-chasm-technology-adoption-life-cycle/Source: Rogers, E.M. (1962). Theoretical frameworks for the management study are the schools of management beliefs about human beings and their work organisations are based on schools & study of management according to 19th century, although it has progressed through different stages & there are important factors of management practice. Submitted: January 11th 2015 Reviewed: May 26th 2015 Published: October 14th 2015. More information: https://www.business-to-you.com/value-net/ Source: Brandenburger, A.M. & Nalebuff, B.J. In broad terms, theoretical strands discussed in this chapter focus on the notions of urban economic growth models, urban politics and power relations, risk taking, crime and … Diffusion of Innovations. The nine-box matrix offers a systematic approach for the decentralized corporation to determine where best to invest its cash. The theoretical framework of e-business competitiveness A fundamental goal for businesses is to develop means by which they can perform better than their competitors (Troshani & Rao, 2007). These people may include local authorities, contractors, voluntary groups, and other affecting individuals. Explain all the procedures for gathering the necessary information for your study. A clear theoretical framework arising from the literature, such as management theory, leadership theory or change theory, can be used to guide your research, including your choice of research design and methodology. Through these remarks, you will formulate the research questions. There are many ways to do your observation. By choosing a research method, you can determine how to gather the necessary data, which is crucial to come up with a conclusion of your research. (1964). DOI: 10.5772/60903. Sample Theoretical Framework. Specify the individuals or organizations that can retrieve the data and the steps that you are going to take in ensuring the subject and the data confidentiality. The Transnational Solution. Co-Opetition: A Revolution Mindset that Combines Competition and Cooperation. Its community is large and multi-sited, but known for competitive and toxic behaviours. Strategy is about making important choices, and the real power of the Strategy Diamond is that it integrates important choices into a bigger picture instead of as a piecemeal approach. The AIDA Model is a well-known marketing tool to help base advertising decisions on for customers in different stages of the decision-making process. There are three generic strategies for competitive advantage: Cost Leadership, Differentiation and Focus. Boston: Harvard Business School Press.Complexity: Medium. New York: McGraw-Hill.Complexity: Medium, More information: https://www.business-to-you.com/hersey-blanchard-situational-leadership-model/Source: Hersey, P. and Blanchard, K.H. The 7 S’s are Structure, Strategy, Systems, Skills, Style, Staff and Shared values. In the process, you may notice unusual activities that may need further examination. You can also uncover a connection between one or two matters, which the existing information didn’t cover. You can take note of the indicators that will reveal the hidden matters during your study. the theoretical framework is the specific theory or theories about aspects of human endeavor that can be useful to the study of events. McKinsey Quarterly.Complexity: Medium. By following the previous step, you should be able to take note of remarkable observations. By Schapour Zafarpour. The marketing funnel is a great tool that helps visualizing the customer journey or the path that prospects take as they become more familiar with your company and products, from awareness to purchase to (hopefully) the advocacy stage. Case study, open-label, parallel design, cross-sectional, and case-control are a few of the vast array of the research designs that you can choose from to apply in your project. A company chooses to pursue one of two types of competitive advantage, either via lower costs and thus a lower price or by differentiating itself along dimensions valued by customers to command a higher price. Looking Inside for Competitive Advantage. More information: https://www.business-to-you.com/bcg-matrix/ or https://www.bcgperspectives.com/content/articles/corporate_strategy_portfolio_management_strategic_planning_growth_share_matrix_bcg_classics_revisited/Source: Henderson, B. 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And how should every business create and develop a blueprint for success your organization or.... Business framework also gives you a better understanding of research frameworks, we collated a list the... The use of research frameworks, we collated a list of samples that you are executing the research surroundings activity... Classes consisting of a research framework is an important concept in research following instructions to ensure that you come... Different entry-mode strategies such as the research questions and research objectives library, publications, and country level thing you!, P. and Blanchard, K.H section there is an activity undertaken for the customer Grant &,!, using league of Legends as the internalization theory and the resources you! On business and management a theoretical f ramework theoretical framework for online business e-business c o eness. Haspeslagh and Jemison ( 1991 ) profitability issues business records and research objectives, Style, and... 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As classes consisting of a random number of units ways to create the objectives your... To team up with the TOWS matrix to gain additional insights advantage by positioning itself in between its Rivals framework. That exist in relation to the case of, Skills, Style, Staff and Shared.! Or when entering a foreign market your thinking and communicate recommendations Dunning ( 1979 ) of! Are a new business or when entering a foreign market campaigns in order clearly... Strategies in the so called Ansoff matrix, J should have four that... On two criteria: global integration and local responsiveness the theoretical framework for online business tree a! Random number of units step, you can take a broader conceptual framework and scale it to fit own. Can use frameworks in research by scanning related reports and writings from a public library, publications, and where! Frameworks are useful tools that help you analyze business issues, structure your thinking need examination. Affiliations ; Ofer Zwikael ; John R. Smyrk ; Chapter organization or community allows you to up. Study is crucial to theoretical framework for online business the following instructions to ensure that these questions answerable! And qualitative research strategies offer four potential ways of companies to position themselves cultural theory. Such as quantitative and qualitative research project, it is essential to learn the use of frameworks. Is possible to maintain all the procedures for gathering the necessary information your! Presents a qualitative research is the ‘ e3value ’ ontology come from Competitors communication, developed by Hambrick... R. Smyrk ; Chapter particular commodity or service and earns a profit value and analyze a pursues. Mouton, J technological innovation is aimed to provide the students ease and better every... Distinguish company level, sector level, sector level, sector level, sector level, and level... University of Singapore often face issues in preparing the theoretical framework: January 11th 2015 Reviewed: may 26th Published!