BCG MATRIX‚ GE FOR A PRODUCT PORTFOLIO ERUKULLA SURESH -138919 SCHOOL OF MANAGEMENT‚ NIT WARANGAL SUBJECT: MARKETING ENVIRONMENT AND ANALYSIS ASSIGNMENT-2 SUBMITTED TO DR.RITANJALI MAJHI‚ ASSISTANT PROFESSOR‚ SOM ON 9TH OCTOBER 2013 ABSTRACT BCG matrix is a framework created by Boston Consulting Group to evaluate the strategic position of the business brand portfolio and its potential. It classifies business portfolio into four categories based on industry attractiveness (growth
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[pic] [pic] TABLE OF CONTENTS Your business plan is divided into the following sections: |For ideas‚ download the example |[pic] Business Overview | | |business plan in pdf format from | | | |www.bdc.ca. | |
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BCG Matrix of KFC The need for strategy‚ in order to expand its existing product in very promising markets for KFC is very essential. KFC‚ along with McDonalds‚ and other major fast food chains have dominated the American continent as well as else where. Since the1950’s when the founder of KFC had a dream‚ of building an empire in the fast foodmarket‚ the company has undergone lots of changes. The company has changedownership; it has taken over from Pepsi and passed over to Tricon‚ which owns
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BCG MATRIX Stars e. g: beverages Question mark ? e. g: breakfast cereals Low Market Growth Rate Cash Cows e. g: baby food Dog e. g: pharmaceutical products High Low High Relative Market Share STARS The stars are the high relative market share and high market growth. Nestlé beverages are products more present on the market because this is a high quality of product and nowadays costumers like consume
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Limitations of the BCG model. The BCG model is criticised for having a number of limitations (Kotler 2003; McDonald 2003): ➢ There are other reasons other than relative market share and market growth that could influence the allocation of resources to a product or SBU: reasons such as the need for strong brand name and product positioning could compel resource allocation to an SBU or product (Drummond & Ensor 2004). ➢ What is more‚ the model rests on net cash consumption or generation as the
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Customer Needs ‚ Wants & Demands Needs are the basic human requirements. People need air‚ water‚ food‚ clothing and shelter to survive. People also have strong needs for recreation‚ education and entertainment. These needs become Wants when they are directed to specific objects that might satisfy the need. Wants are shaped by our society. Demands are wants for specific products backed by an ability to pay. Needs are of five types – Stated needs Real needs Unstated needs Delight needs
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Enjoy the Coffee and the Time at Hakrim. A severe winter is coming and I want to introduce a warm place‚ which will warm your body and mind. It is well known coffee shop named Hakrim. Hakrim has led the campus culture in Daehakro since 1956 as a symbol of supporter for the pro-democracy movement. So this is not just a coffee shop but a historical place where many artists and famous intellectuals of the mid-20th were inspired of. It’s located in 94-2‚ Myeonglyun-dong and it is easy to find
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| Second Cup Coffee Shop Unobtrusive Observations | AP/SOCI1010B - Introduction to Sociology | | Ajeev Bhatia | 11/23/2012 | | This research study strives to find the most important physical aspects of the research space‚ the formal and informal rules as well as how these rules are broken within the coffee shop Second Cup. This particular Second Cup coffee shop franchise was located on the York university campus within York Lanes. The surroundings of this Second Cup include the
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The Motivational Reasons behind Consumer Choice in Branded Coffee Shops Abstract The coffee-shop industry has been undergoing substantial change during the latter part of the twentieth and early part of the twenty-first century‚ reflected by continuous changes in consumer behaviour. The aim of this study is to improve the understanding of the motivational reasons behind customer choice in branded coffee shops‚ both international and local. A quantitative data collection of 300 questionnaires was
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readings and about coffee shops‚ the benefits about coffee‚ the history of the three (3) subject coffee shops. Conceptual Framework The Coffee Shops Preference of the Customers in General Santos City depends upon the good services‚ quality of the product‚ prices‚ and the good environment. In reaching the goal to Increase in sales due to Customers Preferences‚ there should be an Improving services in the Coffee Shop from the Customers Expectation. . Benefits of Coffee According to a study
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