3. The Ansoff Matrix Ansoff (1957) designed a framework called Ansoff Matrix. This strategy helps identifying corporate growth opportunities‚ also analysing companies based on market‚ product with possible growth opportunities which can be established by merging current and new products. Ansoff identifies four generic growth strategies‚ these are: 1. Market Penetration – tool used to increase organisations share in the market with its current product line. 2. Market development
Premium Marketing Markets Market penetration
2.1 BCG Matrix Analysis The Boston Consulting Group’s growth-share matrix is the model of analysing the company’s portfolio of SBUs. The following figure plots the position of Virgin’s SBUs. 2.2 Implications of BCG Matrix Analysis on strategy development Portfolio analysis has three uses. First‚ a business can assess the balance of its portfolio… Second‚ the portfolio provides a framework for strategic market planning… Third‚ each SBU should have a clear objective appropriate to its portfolio
Premium Marketing Strategic management Richard Branson
Xingdi Xu Six Sigma Quality Planning Hmoework0909 Chapter 1 1. Define satellite-level metrics for a for-profit company‚ nonprofit organization‚ school‚ religious organization‚ or political organization. Answer: In a for-profit company‚ satellite-level metrics focus on the financials including key elements such as dividend payment‚ stock price increase‚ ROE (return on equity)‚ sales growth
Premium Business Strategic management Stock
Discrete and Continuous Probability All probability distributions can be categorized as discrete probability distributions or as continuous probability distributions (stattrek.com). A random variable is represented by “x” and it is the result of the discrete or continuous probability. A discrete probability is a random variable that can either be a finite or infinite of countable numbers. For example‚ the number of people who are online at the same time taking a statistics class at CTU on
Premium Random variable Probability theory
Six Sigma Preeti Singh‚ 2356 Irral Vaz‚ 2355 Maria Veliyath‚ 2356 Importance The importance of Six Sigma has increased manifold in the last two decades and is set to increase even more in the coming years as more and more businesses realize its benefits. Six Sigma is anticipated to maintain its dominance over all other existing quality improvement techniques because it is flexible and can be altered to suit the requirements of new businesses that might come up in the near future. We can
Premium Six Sigma
I. EXTRACTS BASED QUESTIONS Read the extracts given below and answer the questions that follow : 1. “I am going back to my grandmother. My lawyer will communicate with you later ?” (a) Who speaks the above lines ? (b) Why is she going back to her grandmother ? (c) What effect does the above extract have on the listener ? 2. “Well‚ I was not in a position to contradict Jenkins.” (a) Why was the narrator not in a position to contradict Jenkins ? (b) Who was Jenkins ? (c) What had Jenkins
Premium Ghost Question
Study Guide for Probability Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. Which inequality represents the probability‚ x‚ of any event happening? a.||c.|| b.||d.|| ____ 2. Which event has a probability of zero? a.|choosing a letter from the alphabet that has line symmetry|c.|choosing a pair of parallel lines that have unequal slopes| b.|choosing a number that is greater than 6 and is even|d.|choosing a triangle that is both
Premium Probability theory
Plot in The Alchemist The four obstacles are presented to us in the early pages of the introduction. The first obstacle: we are told from childhood onward that everything we want to do is impossible. The second obstacle: love. The third obstacle: fear of the defeats we will meet on the path. Finally the fourth obstacle: the fear of realizing the dream of which we fought for all our lives. We find the first obstacle Santiago faces in page 9‚ where Santiago mentions to his father at a early age that
Premium Paulo Coelho English-language films Carl Jung
Manag Res (2009) 2:44–55 DOI 10.1007/s12063-009-0020-8 Six Sigma failures: An escalation model Satya S. Chakravorty Received: 20 May 2009 / Revised: 13 August 2009 / Accepted: 17 August 2009 / Published online: 28 August 2009 # Springer Science + Business Media‚ LLC 2009 Abstract Despite the pervasiveness of Six Sigma programs‚ there is rising concern regarding the failure of many Six Sigma programs. One explanation for many Six Sigma failures could be escalation of commitment. Escalation
Premium Six Sigma
kraljics matrix and how can products be moved from one part of the matrix to the other? Intro: it is the first comprehensive purchasing model introduced by Kraljic (1983). It was targeted at aiding purchasers in deciding what purchasing strategy to use for which product. Its main aim is to minimize supply risk and make the most of buying power. The approach includes the construction of a 2x2 four-category portfolio matrix that classifies products on the basis of two dimensions: profit impact‚ and
Premium Supply chain management Procurement Management