construct a BCG model for a company having multiple business org. and discuss the following strategies with example: 1) Market penetration 2) Market development 3) Product development 4) diversification ii : discuss related diversification and unrelated diversification. Here we construct BCG model for Unilever brand. Company’s mission: “we meet everyday needs for nutrition‚hygine and personal care with brands that help people feel good‚look good and get more out of life.” What is BCG model? The
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Placing products in the BCG matrix results in 4 categories in a portfolio of a company: BCG STARS (high growth‚ high market share) - Stars are defined by having high market share in a growing market. - Stars are the leaders in the business but still need a lot of support for promotion a placement. - If market share is kept‚ Stars are likely to grow into cash cows. BCG QUESTION MARKS (high growth‚ low market share) - These products are in growing markets but have low market share. - Question
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BCG Matrix of Amul Products: What is a BCG matrix: In the early 1970s Bruce Henderson of Boston Consulting Group developed a technique by which businesses were classified as low or high performers based on their market share and relative growth rate. The matrix has four classifications: 1) Star Leaders in market. Consumes a lot of cash and generates a lot of revenue 2) Cash cows Generates a lot of revenue for the company. Strong product line of the company in a mature environment which is not
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CCompany History The cruise industry is the fastest growing segment of the travel industry with more than a 2‚100 percent growth since 1970. While new cruise lines have appeared‚ the existing cruise lines have expanded their itineraries to include more ports of call‚ convenient disembark ports‚ and innovation onboard with amenities and facilities. A huge contributor of the cruise industry is Carnival Cruise Lines. Carnival offers a variety of quality cruises and prides themselves on delivering memorable
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Carnival Brazilian Carnival History is richer‚ more varied and more interesting than most people think. There is much more to Carnival than just parties. The carnival can trace its roots back to an ancient Greek festival held each spring to honor Dionysus‚ the god of wine (“Brazilian Carnival in Rio”). The Romans adopted the festival to honor two of their gods‚ Bacchanalia and Saturnalia. During the Roman festival‚ slaves and masters would exchange clothes and spend the day in drunken revelry. The
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ENW040- The Carnival What is the first thing that you think about when you hear the word Carnival? There are a lot of holiday In the Dominican Republic‚ there is something called the carnival. It is a very special celebration that happens every year during the whole month of February‚ where every city has their parade every week. It is also one of
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Research paper on carnival Mardi gras Just the name Mardi gras conjures up images of drunken‚ bead-wearing revelers dancing through the streets of New Orleans. But how‚ and when‚ did this huge mid-winter party get started? Here ’s a look at the history of Mardi gras throughout the ages and across the nations. Herman states‚ Historians tell us that the ancient Romans probably kicked off the Mardi gras celebrations. (pg. 115)Their mid-February festival known as Lupercalia honored the god
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Carnival Corporation The proposed vision statement “ We will passionately strike for global vacation leader by offer the distinctive vacation experience that cater to the variety of vacationer lifestyle and budget at an outstanding value. We also committed to create strong bond of relationship with our prestigious stakeholder group by prioritize their need.” The direction of Carnival Corporation to achieve its vision is to serve the cruise ship industry in global platform. The positioning of
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BCG Matrix (Boston consulting Group): The Boston consulting group a leading management consulting firm develops and popularized the growth share matrix as shown in figure. BCG MATRIX of Unilever Pvt. Ltd: According to the Unilever Pvt. Ltd‚ the relative market share and market growth rates of different products of unilever are given below:- Name Relative Market Share Market Growth Rate Brooke bond supreme 41% 45.03% Knorr noodle 51% 29% Lux 21% 29.15% Surf Excel 23% 27.37% Lifebuoy shampoo
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important metrics that are most important to monitoring results for a cruise line company like Carnival would include but are not limited to Revenues by Geographic Area (you can monitor which region is more profitable)‚ Balance Sheet‚ Revenue by Segments (Carnival offers both cruises and tours) and Selected overall that would include fuel consumption‚ cruise operating expenses break down and passengers carried during a specific cruise line trip. (Attached is an example of Carnival’s Revenue by Segment statement)
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