The Ansoff product-market matrix presents 4 different growth strategies – market penetration‚ market development‚ product development and product diversification.. Igor Ansoff was a Russian/American mathematician who applied his work to the world of business. His most famous work is the Ansoff Matrix. The purpose of this matrix is to help managers consider how to grow their business through existing or new products
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Ansoff Matrix of Virgin Groups‚ McDonald’s and eBay Introduction Ansoff Matrix was introduced by Igor Ansoff‚ a Russian-born pioneer of strategic management and corporate planning. He was also the strategist who first identified the fact that competitive advantage in the market was vital in the element of planning process (2001). Ansoff matrix helps to define two vital factors for marketing: what is sold and who it is sold to. Therefore‚ it pertains on the products
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| Products | | Existing | New | Markets | Existing | Market Penetration | Product Development | | | *Development of more apps (22)(23)*Geographically net sale increased 2010 in (America ‚Europe‚Japan ‚Asia specific) –(iPhone) – (Financial Table 3.4 & 3.5) (21)*Net Sales - increased by Product in 2010 – (Financial Table 3.4 & 3.5) (21) | *Apple pricing decoy(27)*Apple & Microsoft joint force(28)*Apple pushed iPhone for business(29) | | New | Market Development | Diversification
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Company on their new product‚ Tata Nano. Tata motors are the largest automobile company in India with revenues in excess of USD 16 billion in 2011. Tata motors have subsidiary companies and associate companies involved in various industries including mining‚ oil‚ manufacturing‚ and telecommunications. Tata motors have operations in Spain‚ Korea‚ Thailand‚ UK‚ and South Korea. The paper begins by identifying porters five forces. Second‚ a brief history of the Tata Nano is discussed. Third‚ the paper discuses
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Down loaded from the TT100.biz website Growing a business by developing products and markets Ansoff’s Product/Market Matrix Product Market Current New Current New Market penetration Market development New product development Diversification Expansion Beiersdorf has expanded in each possible direction. ◗ Market penetration is demonstrated by NIVEA Lip Care products‚ which have been extended with new variants. The latest of these (Pearl and Shine) became the market leader in 2003. ◗ An
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Ansoff Matrix = The product/market grid What is the Ansoff Matrix? The Ansoff Matrix‚ designed by Igor Ansoff‚ classifies and explains different growth strategies for a company. This matrix is used by companies which have a growth target or a strategy of specialization. This tool‚ crossing products and markets of a company‚ facilitates decision making. The Ansoff matrix offers four strategies to achieve the objectives. Penetration of the market ; Extension of the market ; New products
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NANO RADIO PRESENTED BY K.ROJA KUMARI CH.V.S.S.MADHURI B.TECH- ECE - III/IV B.TECH- ECE- III/IV SWARNANDHRA COLLEGE OF SWARNANDHRA COLLEGE OF ENGINEERING & TECHNOLOGY ENGINEERING & TECHNOLOGY E-mail:krojakumari99@gmail.com E-mail:sslmadhu99@gmail.com Abstract The nano radio is a remarkable break through
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NANO STRUCTURE AND NANO BAND Vivek kr. Garg ‚ Prateek sain‚ Vivek Tyagi ‚Piyush Sharma vivekpce51@gmail.com‚ piyushsharma19927@gmail.com ABSTRACT Albert Einstein first proved that each molecule measures about a nanometer (a billion of a meter) in diameter. And in 1959‚ it was Richard P. Feynman who predicted a technological world composed of self-replicating molecules whose purpose would be the production of nano-sized objects. Almost a hundred years after Einstein ’s insight and 40 years after
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of lgStrategic Decisions - Definition and Characteristics Strategic decisions are the decisions that are concerned with whole environment in which the firm operates‚ the entire resources and the people who form the company and the interface between the two.Characteristics/Features of Strategic Decisions a. Strategic decisions have major resource propositions for an organization. These decisions may be concerned with possessing new resources‚ organizing others or reallocating others
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TATA NANO: The world’s cheapest 4-door hatch back car. Introduction Tata Nano is a rear-engine fixed city car able to travel four adults‚ built by Tata Motors(India). Targeting primarily for the Indian market. The car has a fuel economy of around 26 kilometers per liter of petrol on the highway and around 23 kilometers per liter in the city riding conditions. It announced at the 9th annual Auto Expo on January 10‚ 2008‚ in New Delhi‚ India by TATA’s Managing director RATHAN TATA. The Nano had
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