Strengths: Well respected and globally accepted brand in the strategy consulting domainBCG‚ over the years has cultivated and built up a reputation for itself and a corporate brand which has become almost synonymous to strategy consulting. In the process‚ BCG has pioneered some path breaking ideas and concepts in the strategy consulting domain that provided innovative frameworks and solutions to address the needs and problems of business community. The company’s focus on conceptual‚
Premium Management consulting
Boston Consulting Group Matrix The BCG Matrix is based on the product life cycle theory that can be used to determine what priorities should be given in the product portfolio of a business unit. It has two dimensions: the market share and the market growth. To ensure long-term value creation‚ a company should have a portfolio products that contains both high-growth products in need of cash inputs and low-growth products that generate lot of cash. The basic idea behind it is that the bigger the
Premium Marketing Product management Advertising
Mercedes-Benz (German pronunciation: [mɛʁˈt͡seːdəs ˈbɛnt͡s]) is a multinational division of the German manufacturer Daimler AG‚ and the brand is used for luxury automobiles‚ buses‚ coaches‚ and trucks. Mercedes-Benz is headquartered in Stuttgart‚ Baden-Württemberg‚ Germany. The name first appeared in 1926 under Daimler-Benz but traces its origins to Daimler-Motoren-Gesellschaft’s 1901 Mercedes and to Karl Benz’s 1886 Benz Patent Motorwagen‚ which is widely regarded as the first automobile. Mercedes-Benz’s
Premium Mercedes-Benz
BCG Matrix of Hindustan Unilever regarding its Products with proper reasons for the same BCG Matrix of Hindustan Unilever [pic] BCG analysis is mainly used for Multi Category / Multi Product companies. All categories and products together are said to be Business portfolio. Thus‚ the various entities of your business portfolio may move forward by a different pace and with a different strategy. The BCG analysis actually helps you in deciding which entities in your business portfolio are actually
Premium Investment Marketing Strategic management
famous is the Boston Matrix. U ntil the 1960s‚ models were the impenetrable domain of economists. The man who can be largely credited with bringing business models into the mainstream was Bruce Henderson (1915-92)‚ an Australian engineer who worked as a strategic planner for General Electric. From GE‚ Henderson joined the management consultancy A rt hur D. Li tt le. In 1963‚ he announced that he was leaving to set up his own consultancy‚ the Boston Consulting Group (BCG). An engineering
Premium Strategic management Management consulting
Case Study: Mercedes Benz Passenger Cars in India Author: Aditya Kumar Date: 11/07/2009 EXECUTIVE SUMMARY Mercedes Benz Passenger Cars and smart (herein referred as Mercedes) is one of 5 divisions of the Daimler group‚ the leading Germann automaker. Daimler is a large organisation that had EUR149.6 billion in revenue and 365‚600 employees in 2006. Within its microenvironment‚ the company’s marketing effort is well supported and coordinated by other departments. Mercedes produces in 104
Premium Mercedes-Benz Marketing
* Good: Cars Mercedes –Benz CLS-Class *Features‚ attributes‚ functions: Mercedes-Benz has put all of its latest safety features into the CLS-class. In addition to front airbags‚ there are side-impact airbags in the front seats and side curtain airbags throughout. The car features a "smart" sensor system for the seatbelts and airbags that can detect and react to accident severity. An optional Pre-Safe system predicts an impending collision; when the system is activated‚ the seatbelts tighten‚
Premium Mercedes-Benz
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
Premium Strategic management Investment Dimension
recession in 1990‚ Mercedes -Benz struggled to adapt to changing markets. The luxury car market lost money for the first time in history in the 90’s. In 1993‚ there was a big sales slump in Mercedes-Benz sales. In its search for additional market share‚ new segments‚ and new niches Mercedes started developing a range of new products. One of the most radical and largest of the new range of products is AAV (all activity vehicles). In order to be competitive in the market‚ Mercedes-Benz needs to control
Premium Costs Cost Functional group
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
Premium Strategic management