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Developing a Strategy for ELIVISA Company using BCG Matrix

   

Added on  2023-06-04

7 Pages1011 Words180 Views
BUSINESS AND STRATEGIC MANAGEMENT 1
BUSINESS MANAGEMENT AND STRATEGIC MANAGEMENT
Name of student
Name of institution
Name of instructor
Date
Developing a Strategy for ELIVISA Company using BCG Matrix_1
BUSINESS AND STRATEGIC MANAGEMENT 2
Abstract
The report focusses on the development of a strategy at ELIVISA Company. The strategy
development will adopt the BCG matrix. The BCG matrix categorises the products into four
quadrants based on the characteristics of the product’s market. The BCG matrix quadrants
include the stars, cash cows, question marks and the dogs.
ELIVISA Company should aim at continuing the production of commodities falling under the
stars and cash cow categories. On the other hand, ELIVISA should retire the dog category
products and consider increasing the investment in the question mark category before retiring.
Developing a Strategy for ELIVISA Company using BCG Matrix_2
BUSINESS AND STRATEGIC MANAGEMENT 3
Table of Contents
Abstract..........................................................................................................................................................2
Introduction....................................................................................................................................................4
The BCG matrix.............................................................................................................................................4
Cash cow products.....................................................................................................................................4
The dog category........................................................................................................................................5
The star products.......................................................................................................................................5
The question mark category.......................................................................................................................5
BCG Diagram................................................................................................................................................6
Conclusion.....................................................................................................................................................6
Bibliography..................................................................................................................................................7
Developing a Strategy for ELIVISA Company using BCG Matrix_3

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