https://padlet.com/jeanbulyaba/bostonmatrix What do you think the costs and benefits are to a business of preparing or using a Boston Matrix? en-us 2016-02-10 20:04:18 UTC 2017-05-17 10:57:48 UTC hello@padlet.com jeanbulyaba https://padlet.com/jeanbulyaba/bostonmatrix/wish/94451817
I think the Boston Matrix is very useful because it helps businesses to analyse their product mix and to make good decisions.

However, even if a business has a high market share, this is not the only thing that determines its success. There may be more important factors such as expansion. It depends on the business' objectives.]]> 2016-02-10 20:11:03 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/94451817 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542441 The Boston Matrix is a benefit to businesses as they are aware of how they are doing in their market. This will allow the business to analyse their product mix and make decisions on whether they should continue developing certain products or increase the amount of promotion used. As a result, the business can result in gaining more profit/revenue or remove their focus of specific products.]]> 2016-02-26 14:26:49 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542441 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542683 I believe that the Boston matrix is useful as it helps businesses know where their products ]]> 2016-02-26 14:27:31 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542683 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542794 The benefits of using the Boston matrix is that businesses are able to see were there their product portfolio. This means that they'd now what products are making profit or revenue and which products aren't. As a result they are able to see if the need to improve a product or stop investing so much money into it.  The costs of using a Boston matrix ]]> 2016-02-26 14:27:49 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542794 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542808 Bostown is good because itdfjBoston is guy  life is because peak and in some dome which with it 👏🏿👏🏿 think Boston is helpfurl]]> 2016-02-26 14:27:52 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542808 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542869 I believe that a business using the Boston matrix is very useful because it allows the business to know what part of the Boston matrix each product from their product mix can go into. This leads to the business knowing their overall market growth and share for each of their products]]> 2016-02-26 14:28:04 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542869 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542933 I think the Boston Matrix is useful for analysing the product portfolio for a business. It helps them keep track of their business's current progress; and so they can make improvements to it. 

However, the disadvantages of the Boston Matrix are that it doesn't tell the business what segments they have to expand their market share in. It also doesn't show what changes have to be made or what may happen in the future for that product.]]> 2016-02-26 14:28:16 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542933 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542946 2016-02-26 14:28:18 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542946 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542981 I think that a benefit of the Boston Matrix is that a business can evaluate their position in the market. The importance of this is that a business will be aware of how they are doing in the market so that they can adapt its marketing mix. Therefore a business can improve its position and gain a ]]> 2016-02-26 14:28:25 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97542981 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543039 I believe the Boston matrix is important to a business as it helps the business to know whether they need to change their product to increase revenue. For example if the business has a product in the dogs area they can alter or scrap this product accordingly]]> 2016-02-26 14:28:38 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543039 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543077 I think that the Boston matrix is useful because it helps businesses to look at their market growth and their market. This would then help them to improve  there products.]]> 2016-02-26 14:28:46 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543077 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543114 The Boston Matrix is a useful  because it helps business to be aware of their product mix and their opposition also to make good decisions that would be a benefit
Although a business may succeed at having. High market share ]]> 2016-02-26 14:28:53 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543114 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543132 I think that the Boston matrix is useful as the managers can analyse the portfolio ]]> 2016-02-26 14:28:56 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543132 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543175 Boston matrix is useful because businesses are able to see where their products are placed within the market. Therefore businesses are able to develop and improve their products to differentiate there products from others.]]> 2016-02-26 14:29:05 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543175 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543181 I believe the Boston matrix is useful 

]]> 2016-02-26 14:29:06 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543181 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543182 The Boston Matrix benefits a business as it helps managers to analyse ]]> 2016-02-26 14:29:07 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543182 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543281 The Boston matrix is a benefit to businesses as they can see where their product is.

]]> 2016-02-26 14:29:24 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543281 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543336 It is very useful 

]]> 2016-02-26 14:29:34 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543336 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543379 Businesses benefit from using the Boston matrix because they can tell where a product is and how successful it is, it also tells them if a product is copable  of being a big product that has high market share and high market growth ]]> 2016-02-26 14:29:43 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543379 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543755 I think the Boston Matrix is useful because it allows them to analyse their product portfolios, and therefore meaning they can make adjustments to their marketing mix and improve the overall revenue of the business]]> 2016-02-26 14:30:48 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97543755 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97544644 The benefits for a business using the Boston Matrix is that they are able to look at other businesses portfolios which means that ]]> 2016-02-26 14:33:23 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97544644 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97544831 The Boston Matrix benefits a business to help managers analyse their portfolio of products, brands or businesses. ]]> 2016-02-26 14:33:58 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97544831 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97545068 The Boston matrix is complicated 😂😂😂]]> 2016-02-26 14:34:36 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97545068 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97745518 2016-02-28 13:59:11 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97745518 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97745878 The Boston matrix is useful as it shows a business' products and how they're progressing on the current 
market. Therefore but fully interpreting the data they may be able to evaluate which product they should spend advertising and other investments.

However with the Boston matrix businesses cannot see but only estimate so sometimes the data may nit be useful or reliable as many unforeseeable changes may come such as low demand, low supply or a sudden increase in competition.]]> 2016-02-28 14:06:15 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97745878 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97767545 I think that the Boston matrix is useful because it helps businesses to look at their market growth and share. This would help them to improve their products.

However, even if a business has high market share it is not the only thing that determine a business to gain profit. Therefore, something like business growth can be more important.]]> 2016-02-28 20:19:21 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97767545 https://padlet.com/jeanbulyaba/bostonmatrix/wish/97870775 The benefits for a business using the Boston Matrix is that they are able to look at other businesses portfolios which means that they can then identify their advantages and disadvantage]]> 2016-02-29 13:07:46 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/97870775 https://padlet.com/jeanbulyaba/bostonmatrix/wish/101135608 2016-03-15 18:35:19 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/101135608 https://padlet.com/jeanbulyaba/bostonmatrix/wish/101135664 .]]> 2016-03-15 18:35:25 UTC https://padlet.com/jeanbulyaba/bostonmatrix/wish/101135664