The most obvious similarity between the movie The Matrix‚ the cave analogy of Plato‚ and Descartes’ Meditation‚ is that all of these works doubt the reality of the world around us and call into question the validity of our sense perceptions. “Let us suppose‚” says Descartes‚ “that we are dreaming‚ and that all these particulars – namely‚ the opening of the eyes‚ the motion of the head‚ the forth-putting of the hands – are merely illusions” (Descartes‚ 1641‚ Meditations on First Philosophy). Likewise
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McKinsey Matrix (The GE multi factoral) With the help of McKinsey and Company‚ a leading consulting group‚ the General Electric Company (GE) developed a popular business portfolio analysis tool called the GE Multifactor Portfolio Matrix. This tool helps managers develop organizational strategy that is based primarily on market attractiveness and business strengths. Industry attractiveness might be determined by such factors as the rate of industry growth‚ the number of competitors in an industry
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environmental factors 1.2 Compare and contrast a minimum of two tools such as SWOT and POWER SWOT and apply to business solutions 1.3 Critically contrast Primary and Secondary research methods 2.1 Evaluate the use of tools such as Boston and Ansoff Matrix to business situations 2.2 Analyse the effectiveness of models such as Porter’s Generic Strategies 3.1 Evaluate consumer buying behaviour and the adoption process 3.2 Analyse the role of marketing mix to specific products 3.3 Evaluate the Product
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For a company to successfully compete with others it must learn to emphasize different elements of the marketing mix and by using different mixtures of those elements; such that they hide their weakness and show their strengths. A comparative response matrix includes two companies and three sub-elements of the marketing mix‚ wiz‚ Price‚ Quality and Advertising: Company A action Price Quality Advertising Price Cpp Cqp Cap Quality Cpq Cqq Caq Advertising
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Matrix Management ____________________________________________________________________ We typically see it as the leader’s responsibility to get the best out of his or her people – but how do organisational structures help or hinder performance? In the better‚ cheaper‚ faster world of the global economy anything that creates bottlenecks and slows up decision-making is an obstacle to success. In this respect hierarchical management and functional silos are bad news; what employers want to drive
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Paradoxical Hero In the movie The Matrix‚ the main character‚ Neo or Mr. Anderson‚ is liberated from his role as a slave to sentient machines by Morpheus‚ Neo’s supporter and leader‚ who later tells him the truth that‚ “the Matrix is everywhere”‚ functioning like an ideology. Morpheus tells Neo that‚ The Matrix is a system‚ Neo. That system is our enemy. But when you ’re inside‚ you look around‚ what do you see? Businessmen‚ teachers‚ lawyers‚ carpenters. The very minds of the people we
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Bcg Matrix-Nike Nike BCG Matrix Nike Corporation is a Fortune 500 company‚ founded in 1964 and listed on the NYSE as NKE. Headquartered in Beaverton‚ Oregon‚ Nike is a proven leader in the sports equipment‚ apparel and athletic shoe industries. As of 2013‚ Nike employees more than 44‚000 people worldwide. The brand portfolio‚ in addition to a wide variety of Nike premium products for leisure and sports activities‚ includes: Cole Haan‚ Converse‚ Umbro‚ Ltd.‚ Hurley and Nike Golf. Nike contracts with
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Matrix management is a technique of managing an organization (or‚ more commonly‚ part of an organization) through a series of dual-reporting relationships instead of a more traditional linear management structure. In contrast to most other organizational structures‚ which arrange managers and employees by function or product‚ matrix management combines functional and product departments in a dual authority system. In its simplest form‚ a matrix configuration may be known as a cross-functional work
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Using Ansoff’s matrix‚ analyse the strategies that a business can use to market its products or services .Explain how a business can select an appropriate strategy As a famous Irish airline‚ Ryanair is known for its low-priced airline services. This company has currently become the largest low-cost airline in Europe. In the mission statement of Ryanair‚ it clarifies that this business will continue providing ‘low-fare-no-frills’ flight services in order to become the most successful low-cost airline
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The BCG Matrix has a few different names. It is also called the Growth-Share Matrix‚ Portfolio Analysis‚ and The Boston Matrix. Management consultants at the Boston Consulting Group developed their matrix in the early 1970s. They designed it to help managers at large corporations decide which business units they should invest in Mindtools.com‚ 2014). So‚ which areas of the business deserve more resources and investment? The BCG Matrix consists of four categories based on the growth rate of the industry
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