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The BCG growth-share matrix is a strategic planning tool developed by the Boston Consulting Group in the 1970s. It’s a visual representation of a company’s product portfolio that allows businesses to identify which products are generating the most value and which should be invested in or discarded.

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The Ansoff Growth Matrix, a business strategic tool, provides a framework to evaluate and devise various growth strategies. It allows companies to contemplate their product and market growth in a structured, methodical way. The matrix illuminates four primary strategies: market penetration, product development, market development, and ...

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