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Advantages and Disadvantages of BCG Matrix

Check out Advantages and Disadvantages of BCG matrix discussed below. So let us see some information on advantages and disadvantages to know more about BCG Matrix.

Advantages of BCG Matrix are:

  1. BCG Matrix is simple and very easy to understand.
  2. BCG matrix can be used to determine and to identify how corporate cash resources can best be used in order to maximize company's profitability and future growth.
  3. BCG matrix is used to evaluate balance in the firm's current portfolio of Dogs, Question Mark, Cash Cows and stars.
  4. It also provides base management to prepare and decide for future actions.
  5. BCG matrix helps the managers to become more aware on how the services, products or business unit perform.
  6. It also helps to prioritize the limited resources in order to achive the maximum or best returns.

Disadvantages of BCG Matrix are:

  1. BCG matrix is costly to conduct.
  2. BCG matix needs highly experienced person or a consultant to determine industry's attractiveness and business unit strength.
  3. BCG matrix does not take into account the synergies which might exist between two or more business units.
  4. High market share is not the only success factor.
  5. The model of BCG matrix do not take into consideration small competitors that have fast growing market share.
  6. BCG matrix uses only two dimensions : Market share and Growth rate.

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What is Market economy ? Advantages and Disadvantages of Market Economy

Check out Advantages and disadvantages of market economy (capitalism) given below. So let us find out some points on advantages and disadvantages to know more about market economy. This type of economy is nearly free fro governement interference, Economy is based on private ownership where individual control the production, distribution and sales of goods and services.

Advantages and disadvantages of Chromatography

Chromatography is simple method. Chromatography can be handled by single person.

Other advantages are, Chromatography is used to separate components from complex mixture.

Different types of chromatography equipment are available for separation of different compounds.

Some of them are Gas Chromatography, Liquid Chromatography, Solid Chromatography, High performance liquid Chromatography, Solid liquid Chromatography, Liquid liquid Chromatography, Thin layer Chromatography. This method gives accurate results.

Advantages And Disadvantages of Supply Chain Management

Some of the Advantages And Disadvantages of Supply Chain Management are listed below. So let us check it out some information on advantages and disadvantages to know more about supply chain management. It is the management of flow of services as well as goods and includes all intermediate processes that transform raw materials to final products.Supply chain mangement  consist of broad range of activities which is required to control, plan and execute a product's flow.

Advantages and disadvantages of Advertisement in Points

Check out Advantages and Disadvantages of Advertisement in Points which are discussed below. So let us find out some points on advantages and disadvantages to know about advertisement.

Advantags of Advertisement in points are :

Advertisemet can be used to build brand Loyalty.

Advertisement creates ground for personal selling.

Advertisement helps to communicate information to the people.

It also helps to educate people.

Advertisement creates image for the products of services in the market.

It helps to build goodwill.

Advantages and Disadvantages of Mutual Funds

Advantages and Disadvantages of Mutual Funds are as follows, So let us check it out one by one.

Advantages:

The following are the advantages of mutual funds:

1. Easy to Invest

Mutual Fund investment is easy, simple and convenient.It is easy to buy and redeem shares in mutual funds.

2. Managed Professionally

Mutual funds uses professional manager to make various decisions regarding the companies to invest on. The portfolio of stocks/bonds is managed by assigned experts.

Supply Chain Management Definition, Advantages and Disadvantages

Definition of Supply Chain Management

Supply Chain management can be considered as an effective tool for improving business process. It starts with the source of supply and competes at the point of consumption. Supply chain management is a flow of information and materials from suppliers which involves number of value added process and different distribution channels to the customers. 

Supply chain management involves :