the lowest risk strategy
what is market penetration
the E's in STEEPLE
what is Ethics, Environment, and Economic
this represents a chance node
what is a circle
an example from this model would be a farmer using chicken droppings to fuel a turbine
what is a circular supply model
customers, competitors, and suppliers
who are External Stakeholders.
what is market development
the aspect of STEEPLE concerned with interest rates
what is Economic
this represents a decision node
what is a square
DIDI and Uber are examples of this model
what is a Sharing Model
companies like Apple and Tesla who are on the Stock Exchange
what are Publicly Held Companies
Tesla's recent release of the Cybertruck would be _____
what is Political
this type of analysis is missing from a decision tree
what is qualitative data
Apple selling new screens to customers who broke their screen is an example of this model
what is Product Life Extension Model
Companies that are owned and operated by the government
products and markets
The shortened version of a STEEPLE
what is a PEST analysis
this should be labeled on the top of the branch
one benefit of this model is that it saves landfill space
Resource Recovery Model
This sector is primarily concerned with providing services like education and haircuts
what is the Tertiary Sector
the two types of diversification
what is unrelated and related.
When analyzing a STEEPLE question, you must always discuss these two things in your answer.
what are opportunities and threats
this should always be listed under the branch
the cost of the option
Netflix and Spotify use this model
Product Service System Model
is a cooperative relationship formed between two or more organizations to pursue mutually beneficial goals.
what is a Strategic Alliance