Professional Documents
Culture Documents
a) What is BCG growth –share matrix . (Apa itu ‘BCG growth –share
matrix’) (4 marks)
i. STAR (4 marks)
Micro environment are factors or elements which can affect the performance and the
decision making process in a company. It has direct impact on the company’s
operations of a company. Examples of micro environments in a legal firm are its
competitors (other legal firms), clients, legal partners and agents (individuals who
bring in cases) and public. These elements can influence the lawyers on ways of
handling their cases and operate the firm.
Macro environment refers to external factors which exist in the business. It includes
nature and physical forces, technological factors, social and cultural forces,
demographic, political and legal forces. It is the environment in the business itself. It
has an effect on how the legal firm handle cases, attend to cases, make decisions and
make the case win against opponent lawyers. It is quite effective therefore, changes
must be continuously tracked by the lawyers.
4. List and explain with examples, the following: (Senarai dan jelaskan
yang berikut dengan contoh yang sesuai :)
Under this, when a new product is introduced in the market, its price is kept very high
and top layer of the segment is targeted so as to recover the initial cost of developing
and launching. Product is positioned as a unique and prestigious entity. This policy is
gradually shifted to penetrating policy whereby price is reduced and product is made
affordable to all prospective users. At this stage, focus is on increasing volume of
business by reducing profit margin.
3. Retailing (2marks)
4. Wholesaling
(2marks)
5. Advertising (2marks)