Chapter 2b Flashcards

1
Q

Business Portfolio

A

the collection of business and products that make up the company

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2
Q

Growth-Share Matrix

A

a portfolio-planning method that evaluates a company’s SBUs in terms of its market growth rate and relative market share

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3
Q

Product-Market Expansion Grid

A

a portfolio-planning tool for identifying companies growth opportunities through market penetration, market development, product development, or diversification

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4
Q

Diversification

A

company growth through starting up or acquiring businesses outside the company’s current products and markets

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5
Q

Market Penetration

A

Company growth by increasing sales of current products in current market segments without changing the product

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