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Distinction Between PLC and BCG Matrix?

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Alpha Amigo
8
Alpha Amigo, Kenya

Distinction Between PLC and BCG Matrix?

What are the similarities and differences between the product life cycle and the BCG Matrix?

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  kunal pratap joshi
2
kunal pratap joshi
Student (MBA), India
 

Difference Between PLC and BCG Matrix

The BCG matrix analyzes the market share and growth at the level of the entire firm (Editor: actually and more precisely at the business unit level).
The PLC deals only at product level with survival in the market.

  B.T.Swamy
1
B.T.Swamy, India
 

Differences Between PLC Model and BCG Model

That's correct, because both are having a similar purpose, but the PLC focuses on product stages and the BCG Matrix analyzes market share and growth.

  santiago
2
santiago
HR Consultant, Angola
 

Product Life Cycle versus Boston Consulting Group Matrix

Think of them as complementary, the BCG Matrix is the comparison and positioning of each unit's products, while the PLC reflects the life cycle of these products.

  Hamid Rezaei
3
Hamid Rezaei
Student (MBA), Iran
 

PLC and BCG, Differences and Similarities

We may use the BCG Matrix to study the "life cycle of the business unit" whereas the PLC researches the product's life cycle. These 2 are not necessarily equivalent.

 

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More on Strategic Portfolio Management
Summary Discussion Topics
topic Example BCG Matrix: Coca Cola & Pepsi Cola
topic 10% Limit in Market Growth in BCG Matrix
topic Modified BCG Matrix 2.0
topic Company Strategy if Lacking Question Marks?
🔥 Pitfalls in Strategic Portfolio Management. How to Avoid Them
topic How do I Place my Products / Services in the BCG?
topic The BCG Matrix and Synergy Effects
topic Why the Quadrants of BCG Matrix are Named as Star, Dog, Cow, Problem Child
topic Assumptions of the BCG Matrix
topic BCG Matrix is useless!
topic BCG Matrix Star Strategies and Examples
topic Advantages and Disadvantages of Portfolio Planning Tools
topic Application of BCG Matrix in Forestry
topic Differences Between BCG Matrix and Ansoff Matrix
topic How to Calculate the Relative Market Share in BCG Matrix?
topic BCG Matrix in Emerging or Fragmented Markets
topic BCG Matrix: Can Dogs be More Lucrative than Cash Cows?
topic Direction of Arrows in the BCG Matrix
👀Distinction Between PLC and BCG Matrix?
topic BCG Matrix Question Mark Strategies and Examples
topic The 4 BCG Categories are not Always Stages
Special Interest Group
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