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Various models of business analysis have been developed. Critically discuss the usefulness of two such models, with reference to extended examples of their application to particular organisations.  

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NAME: SALAH.A.SALAH HEMIS NO: 237069 YEAR: 1st COURSE CODE: MN101 WORKSHOP TUTOR: P.DAVIES ASSIGNMENT: 1 DEGREE TITLE: MANAGEMENT QUESTION NO & TITLE: 1. VARIOUS MODELS OF BUSINESS ANALYSIS HAVE BEEN DEVELOPED. CRITICALLY DISCUSS THE USEFULNESS OF TWO SUCH MODELS, WITH REFERENCE TO EXTENDED EXAMPLES OF THEIR APPLICATION TO PARTICULAR ORGANISATIONS. Business analysis models can be loosely defined as 'coordinated models that informs a company on strategic decision making'. Business analysis models are an 'instrumental framework in value based management and strategy formulation'. 'In particular they are deprived from pure market economics and are based on the theory of market competition'. A firm will seek to gain a competitive advantage by applying business analysis models to its daily operations, this will allow the firm to identify and analyse the current situation of their market, as well as the role of the firm within the market in question. Further analysis will lead to the firm comprising the area it should focus its activities...

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