Bcg Matrix
Boston Consultancy Group (BCG Matrix)
This product portfolio matrix classifies product lines into four categories. The BCG
models suggests that organisations should have a healthy balance of products within their
range. The Boston Consultancy Group classified these products as following:
Dogs
These are products which have low market shares and low market growth rates. The
options for many companies is to phase these products out, however some organisation
do go for the strategy of re-inventing and injecting new life into the product. (see Heinz
Case Study)
Question Mark/Problem Child
These are products with low market share but operate in high market growth rates. The
company puts a lot of resources in this product in the hope that it will eventually increase
market share and generate cash returns in the future.
Star
Stars have high market shares that operate in growing markets. The product at this stage
should be generating positive returns for the......
View the rest of this paper...
Approximate Word Count: 3209
Approximate Pages: 13 (250 words per double-spaced page)
Why should you join Frat Files?
- - It's safe, secure, and private.
- - Instant access to over 100,000 papers. New papers are added hourly.
- - Fast and reliable customer support.
Similar Essays
-
Bcg Matrix
Bcg Matrix Boston Consultancy Group (BCG Matrix) This product portfolio matrix classifies product lines into four categories. The BCG models suggests that organisations should
-
Bcg Matrix
BCG matrix Advantages of this model * Enables management assesses the organization's present/future potential * Provides a framework for analysis and comparison of businesses for
-
Bcg Matrix
Bcg Matrix {draw:frame} The BCG matrix method is based on the product life cycle theory that can be used to determine what priorities should be given in the product portfolio of a
-
Bcg Growth Share Matrix
BCG Growth Share Matrix Dublin Institute of Technology MSc COMPUTING SCIENCE (Information Technology for Strategic Management) BCG Growth Share Matrix Research Assignment No. 2
-
Bcg Growth Share Matrix
Bcg Growth Share Matrix WHAT IS THE BCG GROWTH-SHARE MATRIX? To begin with, BCG is the acronym for Boston Consulting Group-a general management consulting firm highly respected in
Frat Files
Members
Information
© 2009 FratFiles.com.