Strategic Condition Matrix
A-This SBU is one of the biggest and oldest brands of lens photographical lenses in the World. It used to be the biggest supplier of lenses to both professional and amateur photographers, before the growth and current dominance of digital cameras. It needs to invest in a change programme that will downsize its business and give it a new and rejuvenated strategic direction.
Ans: Weak/Aging - Manage for change if the brand can be rejuvenated, or with draw.
B - This SBU manufactures high technology lasers that are used in the manufacture of specialist components for the production of aircraft. It has a number of unique patents as well as a 10 year contract with the World's largest aircraft manufacturer.
Ans: Dominant/Growth - Act offensively and grow business. Be prepared to defend your position from competitors with rival solutions.
C - This SBU is photocopier manufacturer that is currently under increasing attack from budget priced competitors that offer a very similar product and service package with a no frills brand. The SBU is finding it difficult to hold on to market share.
Ans: Tenable/Mature - Try to recapture market share, but may ultimately be doomed so withdrawal may be necessary sooner rather than later.
D - This SBU markets high quality optical equipment for use in laboratories, mainly in schools in Europe and the United States.
Ans: Favourable/Mature - This SBU operates in a niche or narrow segment. It should target and defend educational sectors within its traditional markets.
E - This SBU manufactures and promotes the World's most well know lenses brand. This designer lens is marketed through retails outlets throughout the World and tends to command a premium price not only for precision but also through its association with fashion and celebrity.
Ans: Strong/Embryonic - Embryonic since it is based upon fashion which tends to have short Product Life Cycles (PLC), and so industries are never mature and always rejuvenating.
The Philosophy and Theory of Marketing The History of Marketing Marketing has many definitions, too many to considered here. Gibson et al (1993) found over 100 definitions and argued that no single definition of marketing should be aimed for since it might limit the future development of marketing as an academic discipline. The academic discipline of marketing has core schools of thought, where marketing is seen as either a philosophy or as a function. Where marketing is considered a philosophy, the marketing concept is embedded in management thought. With the alternative view, where marketing is a function within a business, marketing is seen as a department, in the same way as accounting or personnel. The History of Marketing The history of marketing can be divided into three stages when considering the development of the marketing concept namely the emergence of the mass market ca 1850, the articulation of the modern marketing concept ca 1960, and the transition from the emphas...
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