Question: ( Compulsory ) Why is the BCG Matrix called a portfolio matrix? What purpose does this matrix serve? From the data given below you are
Compulsory Why is the BCG Matrix called a portfolio matrix? What purpose does this matrix serve? From the data given below you are required to construct a BCG Matrix for Big Ben Ltd and provide a brief overview of the matrix's depictions.
Big Ben Ltd is the name given to the conglomerate operated by Benjamin Willis across Clarendon, Jamaica. Today, Big Ben owns a pharmacy, a fast food outlet, a hardware store, and a supermarket. Outlined below are some data derived from last year's annual report from Big Ben Ltd:
Big Ben Pharmacy raked in $B in revenues and $M in net profits. The pharmacy industry is doing well and registered growth of over the past three years. Big Ben Pharmacy holds roughly shares in the industry across Clarendon.
Fresh and Fast, his fast food outlet, made $ in revenue and $ in net profit. Benjamin claims that the fast food business is almost saturated and is growing only minimally, and his outlet holds less than of market share parish wide.
Big Ben Hardware, from its three branches throughout the parish, brought in $ in revenue and $ in net profit. The hardware industry is reportedly growing but rather slowly, and Big Ben controls of the market in Clarendon.
Big Buy Supermarket has four outlets in Clarendon and saw revenues of $ and net profits of $ for the last financial year. The supermarket industry is reportedly growing at approximately annually and Big Buy holds about of the market share in the parish.
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