TheBusinessProfessor, Author at TheBusinessProfessor

GE – McKinsey Matrix

by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation

[cite] Back To: BUSINESS STRATEGY GE Matrix Definition The GE-McKinsey Matrix is a tool to help prioritize and strategize your business investments among smaller business units. The GE-McKinsey Nine-box matrix functions by providing strategic options on how to get...

Overfished Ocean Strategy

by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation

[cite] Back To: BUSINESS STRATEGY The Over-Fished Ocean strategy is an alternative to red and blue ocean strategies that addresses resource limits and the need to focus on conserving and maximizing resources along the value chain. Resources refers to any of the inputs...

Stability, Expansion, and Retrenchment Strategies

by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation

[cite] Back To: BUSINESS STRATEGY Strategies used to make decisions regarding the allocation of resources or pursuing an operational strategy are often categorized as stability strategies, expansion (growth) strategies, retrenchment strategies, or combination...

Tax Basis for Business Entities

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

[cite] Back to: ACCOUNTING & TAXATION Tax Basis of a Business Entity Basis is largely a tax concept. By definition, basis is the value that an individual pays for an asset. If the asset is later sold or disposed of for a higher amount, there is a gain. If it is...

What is the Ansoff Matrix?

by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation

[cite] Back To: BUSINESS STRATEGY What is the Ansoff Matrix in business strategy? This is a strategic plan for business growth based upon the method or manner of growth the firm pursues. It was developed by Prof. Igor Ansoff in 1957. It proposes that firms grow by...

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