Ansoff’s Matrix Igor Ansoff in 1957 created the Matrix. It is a marketing planning tool‚ used for identifying and categorising growth opportunities. The matrix considers on two dimensions: markets and products. |Existing Products|New Products|Risk| Existing Markets|||| New Markets|||| Risk|| Market Penetration| Involves:|Methods:|Use when:| • Increasing market share in current markets with current products.• Securing dominace in growth markets‚ but saturated markets are hard to
Premium Marketing
REACTION PAPER IN PHILOSOPHY (THE MATRIX MOVIE) In life‚ we have two choices: to accept the painful reality of the real world‚ and to believe the illusion of a perfect world. This was evident in the movie The Matrix (1999). The characters in the film‚ especially the main character Neo‚ have to choose to live in ignorance in what one believes to be reality; or to awake to the truth that what one sees as reality is an illusion. Oftentimes‚ I prefer to believe in wonderful ideas‚ the fantasy world
Premium The Matrix Morpheus
Ancient Civilizations Matrix HUM/100 INTRO TO THE HUMANITIES THE ANCIENT WORLD TO MEDIEVAL TIMES Early Civilizations Matrix Using your readings and outside sources complete the following matrix. Be sure to address the following in your matrix: • Provide names‚ titles‚ dates‚ brief descriptions of important events‚ and other details as necessary. • Note the details of key political‚ socioeconomic‚ technological‚ artistic‚ musical‚ architectural‚ philosophical‚ and literary developments for
Premium Land of Israel God Moses
Directional Policy Matrix 1. Introduction Many large companies comprise several distinct divisions or strategic business units (SBUs). So one of the challenges facing the parent company of a multi-divisional company is to allocate resources to each division. So in order to make wise decisions on resource allocation‚ is there a tool that can assist senior executives determine the direction for each division or SBU? Actually there are two tools‚ the BCG matrix and the Directional Policy Matrix (DPM). We have
Premium Strategic management Strategic business unit
Decision Matrix? Also known as: decision-making matrix‚ solutions prioritization matrix‚ cost/benefit analysis matrix‚ problem/solution matrix‚ options/criteria matrix‚ [pic][pic]vendor selection matrix‚ criteria/alternatives matrix‚ RFP evaluation matrix‚ COWS decision matrix‚ C.O.W.S. decision matrix‚ supplier rating spreadsheet‚ comparison matrix template‚ importance/performance matrix‚ criteria-based decision matrix‚ importance/performance-based decision matrix‚ weighted score matrix‚ proposal
Premium Decision making Decision theory Weight
GE _ McKinsey Matrix QuickMBA / Strategy / GE-McKinsey Matrix GE / McKinsey Matrix In consulting engagements with General Electric in the 1970’s‚ McKinsey & Company developed a nine-cell portfolio matrix as a tool for screening GE’s large portfolio of strategic business units (SBU). This business screen became known as the GE/McKinsey Matrix and is shown below: GE / McKinsey Matrix Business Unit Strength High High Medium Low Medium Low The GE / McKinsey matrix is similar to the
Premium Strategic management
The Boston Matrix The Boston Matrix is a tool used by marketing managers to make decisions on which products within their portfolio that they should market and under what category on the Boston Matrix they fall into. There are four sections to the Boston Matrix‚ problem child‚ stars‚ dogs and cash cows. Each category is different to one another as they represent different products on how they are selling. The Boston Matrix can be useful to a business like Cadburys as they have a wide range of
Premium Marketing Strategic management Milk
1-800-852-1641 Copyright © 1999 by Standard & Poor’s All rights reserved. ISSN 0196-4666 USPS No. 517-780 Visit the Standard & Poor’s web site: http://www.stockinfo.standardpoor.com STANDARD & POOR’S INDUSTRY SURVEYS is published weekly. Annual subscription: $10‚500. Reproduction in whole or in part (including inputting into a computer) prohibited except by permission of S&P. Executive and Editorial Office: Standard & Poor’s‚ 55 Water Street‚ New York‚ NY 10041. Standard & Poor’s is a division of
Premium Athletic shoe
Grand Strategy Matrix: Grand Strategy Matrix has become a popular tool for formatting alternative strategies besides SWOT Matrix‚ SPACE Matrix‚ BCG Matrix and IE Matrix. Grand Strategy Matrix has four quadrants. All the organization can be positioned in one of the quadrant in Grand Strategy Matrix. Evaluative dimensions: 1. Competitive position and 2. Market growth. DPS has been positioned in the quadrant 1. A firm in quadrant 1 of Grand Strategy Matrix has strategies which put the
Premium Coca-Cola Strategic management Soft drink
Manal Taha Marketing 301 Professor Flemming Marking Plan Executive Summary The story of this company began since Professor Marin Soljačić phone was alerting him that there is no battery charge in his phone. Then he started thinking there must be a way that the phone should be able to charge itself on its own. But to make this reality‚ he would have to find a way to transfer power from the existing wired setup to the phone without wires. He stared thinking of physics and how he can make his dream
Premium Marketing Customer service Market research