1． What are the four product growth strategies according to the Ansoff matrix? Critically evaluate each of them with an appropriate example of each. Answer1: (1) Product strategies for growth: a useful way of looking at growth opportunities is offered by the Ansoff Matrix as it is a practical framework for thinking about how growth can be achieved through product strategy. It comprises four general approaches to sales growth: market penetration/expansion‚ product development‚ market development
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Eigenvectors and eigenvalues of a matrix The eigenvectors of a square matrix are the non-zero vectors which‚ after being multiplied by the matrix‚ remain proportional to the original vector‚ i.e. any vector that satisfies the equation: where is the matrix in question‚ is the eigenvector and is the associated eigenvalue. As will become clear later on‚ eigenvectors are not unique in the sense that any eigenvector can be multiplied by a constant to form another eigenvector. For each
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JIELIANG PHONE HOME CASE STUDY PROBLEM STATEMENT Jieliang (DL) is a line worker at Precision Electro-Tech’s Dongguan‚ China manufacturing plant. During a plant walk through‚ Marty Cole (OEM – Global Team) witnessed Jieliang being publicly disciplined in front of her fellow line workers for not following Total Quality Control (TQC) procedures and using her own method. ANALYSIS Precision Electro-Tech is a large contract manufacturer (CM) that produces products (i.e.‚ cell phones) for another
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CRUISE SHIP: HOLLAND AMERICA Holland America Line operates a fleet of 15 premium cruise ships offering more than 500 cruises annually on all seven continents. Holland America Line operates Cruise Tours to Alaska that combine a cruise with a land experience. CRUISE SHIPS Make annual World Voyages‚ sailing around the world‚ usually ranging from January to March/April/May. Statendam Class (S Class) - They were the first new HAL cruise ships to incorporate features like the atrium‚ the two-deck
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WHY IS IT IMPORTANT THAT THE CRUISE SHIP COME TO MY DESTINATION? A cruise ship or cruise liner is a passenger ship used for pleasure voyages‚ where the voyage itself and the ship’s amenities are all a part of the experience‚ as well as the different destinations along the way. It is however important that the cruise ships come to my destination because it will provide a boost to our economy in that it will provide the government with more money to help my country to buy goods and provide services
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My Disney Cruise One day‚ Shelby’s aunt and uncle asked " Shelby would you like to go on the Disney Cruise line with us and the girls?" Shelby said "I would love to go but I have to check with my mom first. If momma says yes‚ when is it? How long would we be gone?" Aunt Melissa said "The cruise is on January 31st. We will be gone about five to six days." Shelby said " Okay‚ thank you." Later‚ Shelby text her mom saying " Momma‚ Uncle Jr‚ Aunt Melissa‚ Emersyn‚ and Olivia are going on the Disney
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Directional Policy Matrix 1. Introduction Many large companies comprise several distinct divisions or strategic business units (SBUs). So one of the challenges facing the parent company of a multi-divisional company is to allocate resources to each division. So in order to make wise decisions on resource allocation‚ is there a tool that can assist senior executives determine the direction for each division or SBU? Actually there are two tools‚ the BCG matrix and the Directional Policy Matrix (DPM). We have
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ADL Matrix How industry position influences your strategy Part of thinking about strategy involves thinking about the state of your industry; understanding how your organization fits into it; and‚ from this‚ figuring out your best way forward. While there are many tools that help you do this‚ you can get particularly useful insights with the Arthur D Little (ADL) Matrix. Developed in the late 1970s by the highly respected Arthur D Little consulting company‚ it helps you think about strategy based
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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
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All About Carnival in Venice: Venetian Masks and More! When is Venice’s Carnevale? Carnival (or “Carnevale”) isone of the biggest celebrations in Italy ! Carnevale in Venice‚ as with Carnival around the world‚ takes place in the days leading up to Lent. In 2013‚ it runs from January 26 to February 12. Where did the idea of Carnevale come from? During the 40 days of Lent‚ parties were off-limits—and so was eating foods like meat‚ sugar‚ and fats. As a result‚
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