Question

What are some key differences between BCG and IE portfolio matrices in the law enforcement industry?

Answer 1

1) BCG matrix is called as growth share model where as IE caters internal external factors affecting a business organization.

2) BCG matrix have four types of business positions known as star, cash cow , question marks and dog business types where as IE can be developed as per the business environment of a business organization. In IE many factors can be highlighted.

3) BCG doesn't offer factors responsible for business failure but in IE one can evaluate both intenal as well as external factors for the same.

4) BCG clarify businesses on two major dimensions i.e growth rate of industry versus market share of the company whereas IE matrix sumups undefined factors whether internal one or external or uncontrolled factors.