Identify the four (4) quadrants/business units of the BCG Matrix and provide a brief explanation of each. For each of the four (4) business units described, identify one (1) appropriate strategy that...

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Identify the four (4) quadrants/business units of the BCG Matrix and provide a brief explanation of each.
For each of the four (4) business units described, identify one (1) appropriate strategy that may be used and why by an organization or business unit which falls into the particular quadrant. (Provide appropriate examples to support your response)
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Answered Same DayDec 25, 2021

Answer To: Identify the four (4) quadrants/business units of the BCG Matrix and provide a brief explanation of...

David answered on Dec 25 2021
122 Votes
BCG mattrix
BCG matrix is a portfolio planning model, which is used to determine position of the product in
the prod
uct portfolio of the company. Under this model, company divides its business units into
four categories on the basis of combinations of market growth and market share comparative to
the leading opponent. This model helps the management to analyze the future growth of
different business units.
With the help of this matrix, we will compaire the different products as well as companies which
we have studied in our course earlier. The four categories can be described as follows:
Stars: it involves high growth products competing in markets where they are strong compared
with the competition. In this column, we can place Color Kinetics Incorporation (CKI). Over the
last few years, CKI has shown very good growth as compared to the competitors. Apart from the
CKI, we can also place, Tesla. Company has monopoly in manufacturing environment friendly
cars which runs on battery. It is expected that the market of these cars will increase in the coming
years.
Cash cows: it involves low-growth products with a high market share. In this column, we can
place the...
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