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Boston Matrix Tool with Product Life Cycle Management - Assignment Example

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This paper “Boston Matrix Tool with Product Life Cycle Management” seeks to discuss the strategic implication of Boston Matrix Model for the next ten years strategic market plan. The paper will also recommend the strategies required for the successful commercialization…
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Boston Matrix Tool with Product Life Cycle Management
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Download file to see previous pages It will manage to impact on its ten years strategic market share plan for the system since it will incorporate mature market. This means that the company is not a new entrant in the market, and it can only move on without challenges that can hinder it to develop the strategic market plan for the next ten years. The company has the opportunities of using drones and Geographic Information System for managing oil, gas theft and spillage along the pipelines and their goals is likely to be achieved within the specified timeline. Since the company has been operational for a longer time, challenges are solved when they emerge and thus the ten-year strategic plan being obtained by the specified deadline. Since the enterprise has established a strategy to deal with theft and spillage of the pipes, prevention of environment degradation is one of the impacts that are going to be achieved. For example, air and water pollutions are going to be minimized since the industries can embark on the strategies set. For example, pollution will be controlled through immersion of carbon (Henderson, 2004). Water is polluted due to spillage of oil, and this can only be curbed if pipes that transport oil are going to be lick proof and use the synchronization mode of oil transportation. ...Download file to see next pagesRead More
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