Question
Some other examples of MECE (Mutually Exclusive, Collectively Exhaustive) frameworks in business include the 4Ps of Marketing (Product, Price, Place, Promotion), SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats), and Porter's Five Forces (Threat of New Entrants, Bargaining Power of Suppliers, Bargaining Power of Buyers, Threat of Substitute Products or Services, Rivalry Among Existing Competitors). These frameworks are designed to be comprehensive and non-overlapping, ensuring that all potential factors are considered without duplication.
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Using a math formula can work really well to break down a framework in a MECE way because math formulas are MECE by nature, the consultants say. For example, to calculate company profits, keep in mind that Profits = Revenue - Costs, where Revenue is Units sold and Price per unit and Costs is Fixed cost and Variable cost.
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