BCG Matrix Explained: How to Use and Create your BCG Matrix The BCG Matrix is also known as BCG Growth Share Matrix. The BCG Matrix tool and chart (originally developed by the Boston Consulting Group company) are used for developing marketing strategies and performing marketing analysis related to planning and analysis of portfolio of products and services (market offering). The portfolio of market offering analyzed with the BCG Matrix Tools is generally portfolio of products and services offered
Premium Marketing Strategic management
of the disadvantages of using focus groups? Discuss two recent trends in focus group research and explain why you think these have evolved. Use references to support your opinions. Focus groups are one of the more commonly used methods in research when looking for a deeper understanding of a particular topic. Focus group discussions allow the researcher to probe both the cognitive and emotional responses of participants while observing the underlying group dynamic (Heary‚ Caroline‚ and Hennessy
Premium Focus group
REPORT ON VIRGIN GROUP . Submitted By: - SHANTANU SHARMA JYOTSNA SAIGAL NIKITA NARANG. RUHAAN PARVEZ. SUROJIT DAS. STUTI GARG. Submitted By: - SHANTANU SHARMA JYOTSNA SAIGAL NIKITA NARANG. RUHAAN PARVEZ. SUROJIT DAS.
Premium Richard Branson Virgin Group
Project definition: LEGO is one of the largest companies in Denmark and a company with a very strong brand. But even so‚ their economy fell apart in 2003-2004 and we are interested in what they did wrong and what they did to turn their significant loss around to a profit in 2005. So our problem is: What caused LEGO’s financial problems in and what did they do to turn it around? This is very relevant‚ because it shows how even one of the biggest brands in a market can’t afford to relax in any aspect
Premium Lego
PART – I CHAPTER – 1 INTRODUCTION Future Group‚ Ahmadabad Page 1 Introduction As customer‟s tastes and preferences are changing‚ the market scenario is also changing from time to time. Today‟s market scenario is very different from that of the market scenario before 1990. There have been many factors responsible for the changing market scenario. It is the changing tastes and preference of customer which has bought in a change in the market. Income level of the people has changed; life
Premium Retailing Department store
Sanlu Group was created in 1996 after several acquisitions in prior years. It was one of the oldest and most popular brands of infant formula in China. Tian Wenhua‚ the CEO and Chairwoman of Sanlu led the Chinese powder market for 13 consecutive years in terms of sales. Tian was considered one of the most successful entrepreneurs in China for her role in building the company. In December 2005‚ a joint venture agreement was signed which involved New Zeeland dairy cooperative Fonterra taking a 43%
Premium Milk
Work Groups Work groups consist of two‚ or more‚ people combining their individual knowledge to complete a goal or task that meets the needs of the company. A work group is mainly a formal group when the sole purpose of the gathering is benefiting the company as a whole. While the personalities may not necessarily mesh together‚ and one person’s job doesn’t necessarily effect another’s‚ the work combined meets the goal. This type of group is easily built‚ as it usually contains one or more
Premium Team The A-Team
Marketing Plan 1. Mission Statement According to www.rim.edu.bt/aboutrim/aspiration The first vision and mission statements were formulated in 1996. These statements were found to be valid even for today. However‚ there was a need to articulate them in the present context of the changes in the governance system. Therefore‚ the revisions to the strategic direction have been incorporated under the respective sub-topics such as the Vision statement‚ Mission statement‚ and strategic
Premium Mobile device Personal digital assistant Customer
INVESTIGATIVE REPORT ON STRATEGIC MANAGEMENT OF Intercontinental Hotels Group Contents 1. Summary 2 2. Background of Intercontinental Hotels Group (IHG) 2 3. Evaluation of Intercontinental Hotels Group Strategic Plans 2 4. Intercontinental Hotels Group’s Strategic Plans 3 a. Improving the performance of their brands 3 b. Generating excellent returns from their hotels 3 c. Putting their market scale and knowledge to good use 3 d. Strengthening our organisation 4
Premium Strategic planning Strategic management
Samsung is one of the top leaders in the world when it comes to current technology and creating future electronics. To become a world leader a strong management team has been put in place and a very aggressive marketing strategy has been used. Samsung has made enormous strides in taking market share in the smartphone market from Apple inc. With legal battles and consistently changing markets will Samsung be able to maintain this growth? Management The head management structure within Samsung
Premium Samsung Electronics Samsung Group Marketing