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Crimson Consulting

Authored by Cameron Laidlaw

Geography

12th Grade

Crimson Consulting
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these frameworks have we NOT discussed?

M.E.C.E

Bain's Elements of Value

3Cs Framework

Porter's 5 Forces

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How many elements of value are in Bain's Elements of Value

2

3

4

5

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is NOT a benefit of using Bain's Elements of Value?

Helps create deeper customer value

Focuses mainly on internal efficiency to boost value

Drives loyalty and brand differentiation

Avoids price competition by going beyond function

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Bain, what is the highest level of value?

Social Impact

Life-Changing

Functional

Emotional

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these companies was associated with Life-Changing value?

Tesla

Walmart

Peloton

Netflix

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do consultants use M.E.C.E?

To help a company refine its value proposition.

To provide a framework to navigate conflict within a company.

To develop marketing strategies.

To structure thinking and problem solve.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step in M.E.C.E?

Define the problem

Define the industry

List all products/business units

Understand the product

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