Business Simulation
Relationship
Matrix
Jimena Marisol Chávez Cardona
Celeste Paola García Moran
Monica Lucero Coronado García
Mariana Sofia De La Cruz Lomelí
Business Simulation
What’s
Relationship The relationship matrix is a very
valuable analysis tool for the
Matrix? development of new
businesses.
With Relationship Matrix we can analyze the market and find
opportunities and connections between different variables in
difficult times, such as:
1 Products or services. 4 Suppliers.
2 Markets. 5 Competitors.
3 6 Economic variables (inflation,
Customers. interest rates).
Business Simulation
Advantages
Facilitates the visualization of complex
1 relationship.
2 Helps indentify patterns and trends.
Allows for the analysis for interconnections
3 between variables
Disadvantages
1
Can be difficult to interpret for large
1 datasets.
2 Requires careful selection of variables.
How does
it work?
Rows and columns
1 Represent different elements or factors
that you want to relate or compare
Cells
They are the points where a row and a
2
column intersect, and it´
ś here that the
¨
relationship between the two
elements is indicated
Interpretation
According the nature of the
3
relationship, we can make decisions or
make a deep analysis about how these
elements interact
Business Simulation
Example
Business Simulation
Questions
1. What’s relationship matrix?
2. Mention an advantage and a disavantage.
3. What do the rows and columns in a relationship matrix
represent?
¡Thanks for
your
attention!
