Question: OPTION # 2 Boston Consulting Group Matrix What characteristics differentiate stars, cash cows, question marks, and dogs in the BCG market share / market growth
OPTION # Boston Consulting Group Matrix
What characteristics differentiate stars, cash cows, question marks, and dogs in the BCG market sharemarket growth matrix Exhibit in your text
Now its time to put the BCG Matrix into practice by analyzing the offerings at an existing restaurant of your choice like Applebee's, Burger King, Jimmy John's, etc. Imagine you are working in the marketing department of that restaurant. Your job is to do a portfolio analysis of your menu.
Identify the restaurant you are choosing to analyze
Choose a total of menu items item for each quadrant of the BCG Matrix and explain WHY you put them there. For example: the meatloaf at Smith's Cafe would be a cash cow because... Again, you will need to develop your explanation for each of the menu items.
Next, you are being given a hypothetical $ million to publicize and advertise your menu and these items specifically You need to divvy up that cash and determine how much you will put behind your choices in part b You will have to explain your reasoning as well. These are the questions facing marketing managers, so its nice to have a little practice here! Spending nothing on your dog is not an option.
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