The BCG Matrix, also called the Growth-Share Matrix, emerged as a reaction to the need for a scientific technique to assess a corporation’s several product services. Bruce Henderson, the founding father of the Boston Consulting Group, added the matrix in 1970. It aimed to offer a smooth but effective framework for studying an enterprise’s product portfolio and guiding strategic selections.
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Imagine you have a provision shop where you sell many products. Or you offer different services to your target market. Or you have tried a few side hustles and now have to choose where to put in more of your limited resources. Maybe you have an established business and must…
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Hyundai And Tata Shares: Hyundai has been comfortably in second place for over a good decade or two now. Its reign is now at stake as the margin between the Silver medal and the Bronze is hardly 1%. The competition is very strong and the competitor is Tata Motors which had snatched the Silver temporarily twice in the recent past.