BOSTON CONSULTING GROUP MATRIX ( BCG ) This technique is particularly useful for multi-divisional or multiproduct companies. The divisions or products compromise the organisations “business portfolio”. The composition of the portfolio can be critical to the growth and success of the company. The BCG matrix considers two variables‚ namely.. N MARKET GROWTH RATE N RELATIVE MARKET SHARE The market growth rate is shown on the vertical (y) axis and is expressed as a %. The range is set somewhat
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To begin with‚ BCG is the acronym for Boston Consulting Group—a general management consulting firm highly respected in business strategy consulting. BCG Growth-Share Matrix (see figure 1) happens to be one of many of BCG’s strategic concepts the organisation developed in the late 1970s‚ and is being taught at leading business schools and executive education programmes around the world. It is a management tool that serves four distinct purposes (McDonald 2003; Kotler 2003; Cipher 2006): it can
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The company I chose to conduct my BCG Matrix on was Wal-Mart‚ because this company has become one of the largest and most successful companies within the United States. Wal-Mart started out as a small retail business in 1962 in Rogers‚ Arkansas by Sam Walton. Today Wal-Mart has more than 10‚000 stores in more than twenty eight different countries. In 2012 Wal-Mart gained revenue of $421‚849 million dollars‚ which was an increase of 3.4% from the previous year. (www.topics.nytimes.com>Business>Companies
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Journal of Vacation Marketing http://jvm.sagepub.com Strategic theming in theme park marketing Kevin K. F. Wong and Phoebe W. Y. Cheung Journal of Vacation Marketing 1999; 5; 319 DOI: 10.1177/135676679900500402 The online version of this article can be found at: http://jvm.sagepub.com/cgi/content/abstract/5/4/319 Published by: http://www.sagepublications.com Additional services and information for Journal of Vacation Marketing can be found at: Email Alerts: http://jvm.sagepub.com/cgi/alerts
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BCG MATRIX CASE STUDY OF NESTLE BCG Matrix(Boston consulting Group ) • In the late 1960s the Boston Consulting Group‚ a leading management consulting company‚ designed a four-cell matrix known as BCG Growth/Share Matrix. This tool was developed to aid companies in the measurement of all their company businesses according to relative market share and market growth. Conti… • The BCG Matrix made a significant contribution to strategic management and continues to be an important strategic
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BCG ANALYSIS OF PUBLIC BANK The Boston Consulting Group (BCG) matrix is a tool that used to evaluate strategic business units. It is organizes business by two dimension‚ the business growth rate and market share. The growth rate is use to show how rapidly the entire industry is increasing and the market share is whether a business unit has a larger or smaller share than its competitors. The combination of market share and business growth rate have provides four categories to determine the SBUs
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Manual on Elective II - Theme Parks and Attractions By Pamela Ho‚ Ph.D School of Hotel & Tourism Management The Hong Kong Polytechnic University John Ap‚ Ph.D School of Hotel & Tourism Management The Hong Kong Polytechnic University Project Co-ordinator Mr. Tony Tse School of Hotel & Tourism Management The Hong Kong Polytechnic University Theme Parks and Attractions Copyright © The Government of the Hong Kong Special Administrative Region All rights reserved. The
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THEME PARK – THE MAIN CONCEPT OF TOURISM INDUSTRY DEVELOPMENT Dridea Catrinel Raluca Romanian American Univerity‚ Faculty of Domestic an International Tourism Economy‚ 303 Mihai Bravu Street‚ bl 18 A‚ sc B‚ ap 54‚ sector3‚ Bucharest‚ Email: stanescu_catrinel@yahoo.com‚ Phone 0744.671.291 Strutzen Gina 14 Alexandru Ioan Cuza Street‚ Voluntari‚ Ilfov‚ Email: lefter_gina@yahoo.com‚ Phone: 0723.212.300‚ Romanian American Univerity‚ Faculty of Domestic an International Tourism Economy Theme parks are
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The BCG Growth-Share Matrix The BCG Growth-Share Matrix is a portfolio planning model developed by Bruce Henderson of the Boston Consulting Group in the early 1970’s. It is based on the observation that a company’s business units can be classified into four categories based on combinations of market growth and market share relative to the largest competitor‚ hence the name "growth-share". The growth-share matrix thus maps the business unit positions within these two important determinants of profitability
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Introduction In generally‚ theme park originated in netherlands‚ there is a couple of madura family in order to memorize the son who sacrificed in the second world war‚ and the construction of one hundred and twenty small shrink landscapes in 1952. And then the birth of the morden theme park‚ however‚ is commonly recognized as occurring with the opening of Disneyland about forty years ago. In the past 40 years‚ theme park as one of tourist’s destination is rapid expansion all over the world. Growth
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