What is BCG matrix? The BCG matrix is a chart that had been created by Bruce Henderson for the Boston Consulting Group in 1968 to help corporations with analyzing their business units or product lines. This helps the company allocate resources and is used as an analytical tool in brand marketing‚ product management‚ strategic management‚ and portfolio analysis. Analysis of market performance by firms using its principles has called its usefulness into question‚ and it has been removed from some major
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The TOWS Matrix: Putting a SWOT Analysis into Action | | | Shawn Kendrick‚ VolunteerHub.comLast month’s article concentrated on utilizing a SWOT analysis to identify your organization’s strengths and weaknesses. Now that you’ve done this‚ you may be wondering what to do with the information. This is where the TOWS matrix becomes a useful tool. It is a simple but effective way to brainstorm specific strategies to address the results of your initial SWOT investigation. Below we’ll give you
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Matrix Algebra http://elearning.usm.my Md Harashid bin Haron‚ Ph.D. Accounting Section‚ School of Management‚ Universiti Sains Malaysia (USM)‚ 11800 Pulau Pinang‚ Malaysia Email: harashid@usm.my ; mdharashid@gmail.com Matrices? A rectangular array of numbers consisting m horizontal rows and n vertical columns. 5 3 4 2 2 1 6 4 2 A= 5 3 4 2 2 1 6 4 2 A has a size of 3 x 3; 3 x 3 matrix; 3 rows and 3 columns (row is specified
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ED 270 7 April 2015 PROGRAM DEVELOPMENT & EVALUATION Scriven’s Consumer-Oriented Approach to Evaluation According to Scriven; the evaluator needs to has skills in obtaining permanent and accurate information and s/he has deeply reasoned view of ethics and the common good. ● Evaluation should meet with the needs of consumers instead of the achieving developers objectives. Pelin Karakoca His practical approach to evaluation is to identify and rank the optional programs and products that are
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SWOT MATRIX (Strengths –Weaknesses-Opportunities-Threats) -is an important matching tool that helps managers develop four types of strategies: SO (strengths-opportunities) WO (weaknesses-opportunities) ST (strengths-threats) WT (weaknesses-threats) STRENGTHS-WEAKNESSES (SO) Strategies This strategies use a firm’s internal strengths to take advantage of external opportunities. All managers would like their organizations to be in a position in which internal strengths can be used to
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the age of fifteen but was fired shortly after. Four years later‚ Hershey borrowed one hundred and fifty dollars from a gracious aunt to set up his own shop in the heart of Philadelphia. For five long years Hershey put everything he had into the business. But success eluded him‚ he finally closed shop and headed west to reunite with his father. With his father‚ Hershey found work with a confectioner. But the entrepreneur in Hershey was not content to work for someone else‚ and he then struck out on
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External Factor Evaluation Matrix (EFEM) FOR PAKISTAN STATE OIL:- External Factor Evaluation (EFE) matrix method is a strategic-management tool often used for assessment of current business conditions. The EFE matrix is a good tool to visualize and prioritize the opportunities and threats that a business is facing. Table 1: EFE Matrix for Pakistan State Oil S.No | KEY EXTERNAL FACTORS | WEIGHT | RATING | WS | OPPORTUNITIES: | 1. | Operating in largest CNG consuming country in the
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deepen our human skill at respecting and honoring our differences and staying focused on our common goals. Milton Hershey believed that‚ “workers who were treated fairly and who lived in a comfortable‚ pleasant environment”‚ would be better workers. He not only built a town for his employees but also a school for orphans. Corporate Social Responsibility is an integral part of the Hershey Company’s global business strategy; which includes goals and priorities focused on fair and ethical business dealings
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The purpose of this financial analysis is to compare Tootsie Roll and Hershey Inc to the industry average financial ratios to determine which company will be the best investment opportunity. This analysis will evaluate and compare the company’s liquidity‚ solvency and profitability ratios from 2004. Tootsie Roll‚ Inc. and Hershey Inc are both companies well known for the selling of confectionary goods. Hershey is publicly traded under NYSE: HSY‚ Tootsie Roll under NYSE: TR. Both are listed under
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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
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