What to expect in a BCG interview At BCG‚ we look for something beyond intellect. In the interview‚ we want to learn who you are as well as how you think. So each interview has two parts: the personal discussion and the case. The personal discussion is our way of getting to know you. There is no fixed format or agenda‚ but interviewers often focus the discussion on an experience or a period of your life. There is very little that can be done to prepare‚ so relax and use the time to help us get
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PORTERS 5 FORCES. DEFINITION OF ’PORTER’S 5 FORCES’ Named after Michael E. Porter‚ this model identifies and analyzes 5 competitive forces that shape every industry‚ and helps determine an industry’s weaknesses and strengths. 1. Competition in the industry 2. Potential of new entrants into industry 3. Power of suppliers 4. Power of customers 5. Threat of substitute products The Porter’s Five Forces tool is a simple but powerful tool for understanding where power lies in a business situation. This
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Christmas and mother’s day. Their primary target is men in the age group of 18-54 who order last minute gifts to their girlfriends‚ wives‚ or mothers. VTB seeks to differentiate from other gift delivery services by offering a top quality customized product which can be delivered at their schedule. To increase sales to women and generate orders even at the other time of the year they came up with different ideas like offering collectibles ‚promoting complementary accessories and signing licensing deals
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Briefly describe the trends in the global airline industry. Firstly‚ cost pressures on airlines continue to be high. The industry is facing many challenges on the cost side. For instance‚ jet fuel costs‚ which are directly correlated with oil prices‚ continue to rise. Airlines are generally unable to pass these costs onto the consumer‚ especially in the face of growing competition and price-sensitive markets. Nevertheless‚ these high fuel prices have motivated manufacturers to create more fuel-efficient
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ECO-561 Week- 5-TEAM PAPER Recommendation for pricing strategy‚ product differentiation and barriers to entry during Trough: U. S. economy entered its 10th recession in late 2007 since 1950 and still recovering from recession in 2010. The rise and decline in the level of activity are called business cycles. Business cycles occur because disturbances to the economy of one sort or another push the economy above or below full employment. Four phases of business cycles are Peak‚ recession‚ trough
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F x C y f x dx C F x C dx G x Cx D xC 2. Substitution Use the substitution v x y to find the general solution of the differential equation dy 2 x y . dx Step 1: Apply product rule/quotient rule/chain rule to v differentiate the given substitution with respect to x and express dv dx dy dx 1 dv dy in terms of x‚ v‚ . dx dx Step 2: Replace dy dv by in the differential equation. dx dx
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Differentiation tools There are a lot of different differentiation tools that a company can use. These differentiation tools are used to distinguish yourself from other company’s. Company’s can make use for example product differentiation‚ service differentiation‚ personnel differentiation‚ image differentiation and channel differentiation. Product differentiation: This is the product of a company. Company’s can vary there products very much here. For example you can vary in shapes‚ but
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Customer focused low cost leadership strategy Low cost strategy is centered on the capability of the company to produce and deliver products of competitive quality at lower costs. Cost leadership strategy is much more than cost reduction initiatives that get lot of prominence in strategic planning and review session of any company as a means to improve the bottom line of a company by improving its efficiency. Some companies use their efficient cost structures to protect their markets from the competitors
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Technology MSc COMPUTING SCIENCE (Information Technology for Strategic Management) BCG Growth Share Matrix Research Assignment No. 2 The BCG Growth-Share Matrix The BCG Growth-Share Matrix is a portfolio planning model that was developed by Bruce Henderson of the Boston Consulting Group in the early 1970’s. It is based on the observation that organisations business units can be classified into four categories based on combinations of market growth and market share relative to the largest competitor
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Stars I have categorized iPhone and iPod in Star category which means they both need further investment in product development and there are greater opportunities available in the marketfor growth. Latest figures reveal that the growth rate for iPods is currently 28% and for thoseof iPhone’s its 48%.Apple enjoys 60% more market share in iPod than its closest rivalScandisk in the market. In iPhone’s‚ Apple is not the market leader but has 28% market sharewhere manufacturer of Blackberry RIM has 41%
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