Bcg Matrix Analysis

Words: 1380
Pages: 6
Open Document
Matrices

Introduction: Linear equation are a series of different equations between two variables that make a straight line when they are graphed. There are many different kind of linear equations, one of them is Matrix (Matrices for plural). Matrices are a set of numbers and expressions arranged in rows and columns and are enclosed with square brackets. They can be added, subtracted and multiplied. Matrices can be used to in many different fields of work such as Engineering and even Business. They can be used to show the number of staff and employees in the work place or what two different branches are selling and how each of them are doing in terms of sales. Matrices are commonly used when we have to deal with several variables at the same …show more content…
Linear programming optimization used matrices and necessary to businesses if they want to calculate maximum revenue over a set of limits. It’s used for hydroelectric power plants for a restricted diet caloric intake optimization. Matrices are fundamental to calculus which is very important to many industrial businesses. Example 1) BCG Matrix: Coca Cola & Pepsi Cola. The matrix are misrepresenting of some cases. Example: Coca Cola and Pepsi. Coca Cola is market leader, as a result of which the relative market share of Pepsi is always smaller than …show more content…
Firstly, Matrices are useful when coordination is needed, they can be used to coordinate employees in their field of expertise and categorize them correctly in an organized manner and that will lead them into performing very well since they’ll be given tasks that are related to their major. Secondly, when using a matrices to categorize people according to their skill set, they will also be in a contact with other people that share the same field and that will help in better communication and team work between them but also they’d be able to differentiate which employee main field of focus so if any employee needs assistance in something that might not necessary tie to their major, they’ll have the ability to ask a colleague for help thus leading to work being done more efficiently and effectively. Additionally, It can also help managers differentiate between talented and hard-working employees by observing them and making a matrix structure according to that and hence be able to promote employees that actually deserve it and will help the company grow in a better manner. However, on the other side of the coin, Matrices also has its fair share of disadvantages, To begin with, It might cause psychological stress on the employees. In a matrix structure, Employees are put into teams and sometimes, conflict might happen between team members that’ll cause dysfunction in the entire
Show More

Related Documents: Bcg Matrix Analysis

Reseach: Academic Dishonesty and Northeastern University Online Essay

Algebra 2, or 1 ½ to 2 years of high school algebra, or equivalent preparation Course Description This course develops skills in linear mathematics and probability. Topics include matrices, inverses, input-output analysis, linear programming, sets, counting, probability, the mathematics of finance, and statistics. Applications will be developed in business, economics, and the sciences. Course Outcomes Mathematics Course Outcomes: The outcomes of the College of Professional Studies’…

Words 1067 - Pages 5

Essay on Critically Examine How a ‘Sector Matrix’ Framework Is Useful for Analysing Demand and Supply Linkages

Figure 3: Froud et al’s Sector Matrix, c. 1998 “The objective of a matrix form of business analysis is to understand how a more complex web of demand and supply side relations interact and shape business policy responses” (ibid). Differentiating itself from the industry chain, sector matrix is a structured interlacing of horizontal and vertical linkages. It also carries a different perception…

Words 2216 - Pages 9

strategic HR planning - Stonewall cas Essays

plays a key role here: the existence of an anti-business union would significantly hinder the decision of the management to further expand its workforce. Yet beyond all the factors mentioned, strategic human resources planning needs to be put into the framework of the corporate strategy: HR planning should facilitate the attainment of the strategic business goals, either under the corporate strategy for merger and acquisition or under the business strategy for expansion or downsizing. 4. Identify…

Words 2298 - Pages 10

Mr Ashwin Sankaranarayanan Essay

bandwidths resulting in an increase of sensor numbers in the structure of the narrowband beam former and by varying the length of the tapped delay lines (TDL’s) to obtain a well known wideband beamforming structure. These TDL’s along with traditional linear array combine well to form an effective and well known beam form. “The characteristics are in such a way that they form a beam effectively with its azimuth range of over half and its response well over its repetition on the other side of the first…

Words 8730 - Pages 35

Bank Comprehensive Emergency Management Plan

Bank’s security systems. The evaluator was commissioned to evaluate the Bank’s security systems with the Disaster Control and Emergency Plan as its focus. This evaluation is categorized into eleven (11) areas which were presented in various forms and matrices: Creating and implementing a comprehensive emergency management plan requires the assessment of various security aspects and features. An important aspect of a bank is that it needs to consistently project the image that it is stable and not at risk…

Words 3581 - Pages 15

Essay on Facility Planning Notes

layout procedure types (construction and improvement algorithms), manual and computerized layout techniques, single and multiple facility location, and supply chain (location) network-distribution design. Prerequisite MIE262 or higher (especially linear and integer programming) Policies Academic integrity: Students are reminded of the seriousness of academic dishonesty in any form, including plagiarism. Students are expected to adhere to the “Code of Behaviour on Academic Matters” as well as the…

Words 8747 - Pages 35

regulatory finance Essay

An Academic Response to Basel II By Jón Daníelsson, Paul Embrechts, Charles Goodhart, Con Keating, Felix Muennich, Olivier Renault and Hyun Song Shin SPECIAL PAPER NO 130 LSE Financial Markets Group an ESRC Research Centre Special Paper Series May 2001 ISSN 1359-9151-130 Submitted* in Response to the Basel Committee for Banking Supervision’s Request for Comments by Dr. Jón Daníelsson (LSE/FMG)+ Prof. Paul Embrechts (ETHZ) Prof. Charles Goodhart (LSE/FMG) Con Keating…

Words 6911 - Pages 28

Computers And Chemical Engineering 26 2002 Essay

in-process inventories of intermediate products as well as inventories of raw material, equipment and tools, spare parts, supplies used in production, and general maintenance supplies. In a broader sense, it comprises all kinds required to run a business including storage, personnel, cash and transportation facilities, etc. This paper focuses on inventory of finished products. A manufacturing company needs an inventory policy for each of its products to govern when and how much it should be replenished…

Words 8274 - Pages 34

Year 11 Course Selection Information: Attriving For Excellence

GLEN WAVERLEY SECONDARY COLLEGE SENIOR SCHOOL YEAR 11 2016 Course Selection Information Striving for excellence!! 1 TABLE OF CONTENTS Year 11 course selection timeline ............................................................... 3 Entering subject selections online ............................................................... 3 Course Selection Guidelines ................................................................................ 4 2018 Tertiary prerequisites.. ....................…

Words 8925 - Pages 36

Arvey Leadership Paper

leadership, it is not far-fetched to ask whether leadership is genetically influenced. Indeed, the notion that leadership has genetic influences has been articulated in practitioner and scholarly articles over the years. For example, in a recent Harvard Business Review article, Sorcher and Brant (2002) say: “Our experience has led us to believe that much of leadership talent is hardwired in people before they reach their early or mid-twenties” (p. 81). In contrast, Kellaway (2002) reports the efforts of…

Words 8659 - Pages 35