📊 BCG Matrix
I. Introduction

- The BCG Matrix, also known as the Boston Consulting Group Growth-Share Matrix, is a strategic management tool used by businesses to analyze their portfolio of products or business units.
- The BCG Matrix was developed by the Boston Consulting Group in the early 1970s.
- It is widely used for portfolio analysis and strategic planning.
- It helps organizations decide how to allocate resources among their various units based on market growth and market share.
II. ⚖️ Key Dimensions of Strategy

The matrix classifies business units or products into four categories based on two dimensions:
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📈 Market Growth Rate (Vertical axis) – Measures the rate of growth of the market or industry. It indicates market attractiveness.
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📊 Relative Market Share (Horizontal axis) – Measures the market share of the product/business relative to its largest competitor. It reflects competitive strength.