BCG matrix has been a tool for Malaysian brands to classify and evaluate the products and services of a business. It is a decision making tool in order to balance the activities of a company among those which make profits‚ those who ensure growth‚ those which constitute the future of the firm or those who are its heritage. With this tool one is able to define the development policy of the company. The matrix will position the products/services in two ways which are the rate of growth of the market
Premium Product management Management Marketing
Nowadays‚ in a stronger context of globalisation‚ companies have to face more and more complex challenges such as a higher international competition‚ emerging markets‚ many economic changes or new technological progresses etc. Strategic management decisions have to be completely successful in this context‚ otherwise the consequences of any failure or mistake can be dramatic for companies in terms of profits or reputation. Senior executives actually have to use several conceptual models to be efficient
Premium Strategic management Management Management consulting
Inadequate 24 Hours Convenience Stores in University Technology Malaysia. 24 hours convenience stores are the most important facilities for students in UTM. It will provide the students with all the important and necessary things that they needs. As our survey‚ we found that there is only one 24 hours Mini Mart in the campus area which is stated at Scholar Inn. This store are located too far from others Faculties or campus such as Faculty of Built Environment (FAB)‚ Faculty of Civil Engineering
Premium Security University Problem solving
BCG Matrix Product Relative Market Share Market Growth Classification Note D 2 Leader 3% Low Cash Cow Generates more cash than needed to maintain business. Requires frequent “milking” and very little investment. A 3 Leader 20% High Star Requires a high level of funding to battle competitors and maintain growth rate. When industry slows‚ has potential to become cash cow if market share is retained. C 1 Co-Leader 25% High C 1 Co-Leader 25% High Question Mark Potential to gain market share and
Premium Marketing Stock market Strategic management
McKinsey Matrix (The GE multi factoral) With the help of McKinsey and Company‚ a leading consulting group‚ the General Electric Company (GE) developed a popular business portfolio analysis tool called the GE Multifactor Portfolio Matrix. This tool helps managers develop organizational strategy that is based primarily on market attractiveness and business strengths. Industry attractiveness might be determined by such factors as the rate of industry growth‚ the number of competitors in an industry
Premium Strategic management
Bcg Matrix-Nike Nike BCG Matrix Nike Corporation is a Fortune 500 company‚ founded in 1964 and listed on the NYSE as NKE. Headquartered in Beaverton‚ Oregon‚ Nike is a proven leader in the sports equipment‚ apparel and athletic shoe industries. As of 2013‚ Nike employees more than 44‚000 people worldwide. The brand portfolio‚ in addition to a wide variety of Nike premium products for leisure and sports activities‚ includes: Cole Haan‚ Converse‚ Umbro‚ Ltd.‚ Hurley and Nike Golf. Nike contracts with
Premium Nike, Inc.
Matrix management is a technique of managing an organization (or‚ more commonly‚ part of an organization) through a series of dual-reporting relationships instead of a more traditional linear management structure. In contrast to most other organizational structures‚ which arrange managers and employees by function or product‚ matrix management combines functional and product departments in a dual authority system. In its simplest form‚ a matrix configuration may be known as a cross-functional work
Premium Max Weber Organization Organizational studies
________________________________________________________ Exercise 5 * SWOT Matrix SWOT analysis‚ or SWOT Matrix model is a useful method to analyze the competitive level of a company. When we want to analyze an internal environment of an organizational‚ we have to identify its strength (what an organization best in) and weaknesses (what an organization weak in). While‚ to analyze the external environment of a company‚ we have to identify it opportunities (potential favorable conditions for an
Premium Strategic management Hewlett-Packard Dimension
Matrix Management ____________________________________________________________________ We typically see it as the leader’s responsibility to get the best out of his or her people – but how do organisational structures help or hinder performance? In the better‚ cheaper‚ faster world of the global economy anything that creates bottlenecks and slows up decision-making is an obstacle to success. In this respect hierarchical management and functional silos are bad news; what employers want to drive
Premium Organization Management Project management
The GE matrix is an alternative technique used in brand marketing and product management to help a company decide what product(s) to add to its product portfolio‚ and which market opportunities are worthy of continued investment. Also known as the ’Directional Policy Matrix‚ ’ the GE multi-factor model was first developed by General Electric in the 1970s. Conceptually‚ the GE Matrix is similar to the Boston Box as it is plotted on a two-dimensional grid. In most versions of the matrix: * the
Premium Strategic management Marketing