There are several business tools that can help companies asses and identify effective strategies for the companies given the external and internal factors. Among the useful tools are BGC Matrix, Grand Strategy Matrix, and Quantitative Strategic Planning Matrix. The use of these matrices enabled Domino’s Pizza identify the best strategies which include product development, market development, and market penetration, among others.
Every company needs sound strategies to thrive and lead in the market. Analyzing and applying appropriate strategies enable the company accomplish its business goals and direction. Domino’s Pizza was able to lead in the ...