A level Business Revision - Ansoff's Matrix

In this A level Business tutorial we examine Ansoff's Matrix, a theory that sets out four possible strategic directions for organisations. Strategy is a key topic for the new AQA A level Business. Edexcel A level Business and OCR A level Business.
See more of our videos: / takingthebiz
Taking The Biz is a channel dedicated to A level Business revision.

Пікірлер: 82

  • @mohamedlalji_10
    @mohamedlalji_102 жыл бұрын

    4 AM, 5 hours to annuals and this guy is in proper form.

  • @Britishmajestic
    @Britishmajestic6 жыл бұрын

    revision cramming night before at its finest

  • @PapaSeed

    @PapaSeed

    5 жыл бұрын

    what did u get?

  • @danila4322

    @danila4322

    4 жыл бұрын

    @@PapaSeed what did you get fam?

  • @jumanaahmed716

    @jumanaahmed716

    3 жыл бұрын

    same

  • @crazyrandomness2408

    @crazyrandomness2408

    2 жыл бұрын

    what did u get fam fam

  • @finlayhewetson1317

    @finlayhewetson1317

    Жыл бұрын

    what did you get?

  • @alexlead9
    @alexlead92 жыл бұрын

    Got a business mock tomorrow so doing some serious last minute revision. You're an absolute saviour when it comes to this!

  • @rahafalsahafi6774
    @rahafalsahafi67744 жыл бұрын

    I swear u are so talented in delivering the information

  • @isabellawhalley1987

    @isabellawhalley1987

    3 жыл бұрын

    i agree !!!

  • @ayeshak9141
    @ayeshak91415 жыл бұрын

    P3 business tomorrow. If i pass it’s because of you. Thanks!

  • @TakingTheBiz

    @TakingTheBiz

    5 жыл бұрын

    Nonsense. If you pass it will be due to your hard work. Good luck in the exams.

  • @minalansari6160
    @minalansari61602 жыл бұрын

    Your lectures are absolutely easy to understand. Thanks for such a great informative video.

  • @soulfulizzie
    @soulfulizzie2 жыл бұрын

    Your videos are simple, clear, concise and informative, which I'm using to demystify strategies for my MBA

  • @John-YV
    @John-YV6 жыл бұрын

    very well delivered easy to listen to! Thanks

  • @TakingTheBiz

    @TakingTheBiz

    6 жыл бұрын

    Thank you for taking the time to leave such a positive comment - I hope the videos help!

  • @mansouralobaid946
    @mansouralobaid9466 жыл бұрын

    Great way of showing how theory works .. You are doing well

  • @Matthieu260582
    @Matthieu2605826 жыл бұрын

    excellent. ipod example was great. would be glad to hear 5-6 more examples!

  • @dmckyle
    @dmckyle2 жыл бұрын

    so simply explained. thanks so much.

  • @fazilhamza1476
    @fazilhamza1476 Жыл бұрын

    Great video and great explanation. Thanks mate

  • @ashnaasif12
    @ashnaasif123 жыл бұрын

    love u! u r a total badass! best tutorial so far!

  • @thusharanilantha2625
    @thusharanilantha2625 Жыл бұрын

    Great explanation. Thanks!

  • @mohdadlan869
    @mohdadlan8696 жыл бұрын

    Superb presentation, thx

  • @ramysamir1326
    @ramysamir13264 жыл бұрын

    Wonderful! It helps me a lot .. I’ve a relevant question, what are the tools for reviewing strategy ?!

  • @jumys282
    @jumys2825 жыл бұрын

    Hey Takingthebiz, could you please do business structures please like the normal hierarchy and matrix structure. Thank you

  • @Vanillacappuccino
    @Vanillacappuccino4 жыл бұрын

    This is an amazing video. I don't study business but Ansoff is covered in my A level technology and design course and this has really helped me out. I have a mock exam tomorrow and I have been able to understand and hour of work in 13 minutes and 50 seconds. This video needs more recognition.

  • @TakingTheBiz

    @TakingTheBiz

    4 жыл бұрын

    You are very kind for leaving such a positive comment. I'm glad the video was helpful. Good luck in your mock exam!

  • @jellybean8528
    @jellybean8528 Жыл бұрын

    this guy carried me through a-levels🤩

  • @ChsonlineOrgUkinternetschool
    @ChsonlineOrgUkinternetschool5 жыл бұрын

    Good work

  • @xevenau
    @xevenau4 жыл бұрын

    I kind of understand the Ansoff matrix, but what twists my brain is choosing the right method to achieve my goal. How would you go about doing this? Is there another strategy to help decide which method to use in the Ansoff Matrix?

  • @Limz99
    @Limz996 жыл бұрын

    Amazing!

  • @isabellawhalley1987

    @isabellawhalley1987

    3 жыл бұрын

    he says thank you !!

  • @MsAngulu
    @MsAngulu6 жыл бұрын

    Very well explained. Better than my Professor

  • @TakingTheBiz

    @TakingTheBiz

    6 жыл бұрын

    I'm sure your professor is an excellent teacher but thank you for the praise!

  • @mathildaaduah3827
    @mathildaaduah38277 ай бұрын

    This is very goog. Thanks

  • @netvirtua0817
    @netvirtua08174 жыл бұрын

    u the man

  • @user-su6uw8ye5r
    @user-su6uw8ye5r Жыл бұрын

    2 hours till a level paper 2 saving the day

  • @LegacyMedia.S

    @LegacyMedia.S

    5 ай бұрын

    What grade did you end up getting

  • @Tube82ful
    @Tube82ful3 жыл бұрын

    tqvm

  • @jessayca
    @jessayca7 жыл бұрын

    Really great vids, so helpful! Could you do videos on advice for the Edexcel pre-release booklet (on health and fitness), and any predictions you think might come up with the Edexcel new spec? Thanks so much, you're so engaging to watch!

  • @jumanaahmed716
    @jumanaahmed7163 жыл бұрын

    so good, thank you so much! I take CIE AL business and unit 6, strategic management was the toughest to grasp conceptually. Really, thank you for this.

  • @numaniqbal2261
    @numaniqbal22612 жыл бұрын

    Thanks

  • @arturoroldancaballero5294
    @arturoroldancaballero52942 жыл бұрын

    eres un genio

  • @seclusion4452
    @seclusion44525 жыл бұрын

    Are theories like ansoff's matrix applicable for paper 1? I mentioned market penetration within one of my answers but because it is theme 3 for edexcel I am unsure.

  • @TakingTheBiz

    @TakingTheBiz

    5 жыл бұрын

    I think it would completely depend on the context in which you referred to the theory. In a 100 mark exam. I wouldn't worry too much about it though - just focus on papers 2 & 3

  • @MinahilRaza
    @MinahilRaza5 жыл бұрын

    gOD BLESS YOU, IF IM GETTING A GRADE IN THIS EXAM; I OWE YOU

  • @TakingTheBiz

    @TakingTheBiz

    5 жыл бұрын

    Good luck!

  • @ass-master-deluxe

    @ass-master-deluxe

    3 жыл бұрын

    what did you get?

  • @gersonbalboamarca9976
    @gersonbalboamarca99763 жыл бұрын

    I from Peru, thank you, I am sharing a lot of this Matrix Ansoff, In the Internet I don't find lot information

  • @TakingTheBiz

    @TakingTheBiz

    3 жыл бұрын

    Wow, thank you - hope the video helped

  • @louismassarella4964
    @louismassarella49645 жыл бұрын

    taking the biz is a professor finesser

  • @monatahan635
    @monatahan6355 жыл бұрын

    hero

  • @arturoroldancaballero5294
    @arturoroldancaballero52942 жыл бұрын

    geniooooo

  • @mwaikibaki8766
    @mwaikibaki87662 жыл бұрын

    This chap is coated

  • @daniyaljadoon6260
    @daniyaljadoon62606 жыл бұрын

    don't businesses use diversification as a means to reduce risk? if this is correct then why is diversification the most risky choice? can you please help me by expanding on that.

  • @TakingTheBiz

    @TakingTheBiz

    6 жыл бұрын

    Successful diversification spreads risk as the business is active in more markets, so if there is a decline in one industry then the business is insulated from that decline. However, diversification is risky a) because of the costs involved (the business will need to invest in R&D into new product ranges and market research into new markets) and b) because the business will not have the same level of knowledge and experience in new markets that it has built up in its existing markets. Diversification is a popular strategy, but the consequences of failure are higher than with the other strategies in the matrix, hence why it is viewed as the most risky (although it is also the strategy with the greatest potential for growth).

  • @daniyaljadoon6260

    @daniyaljadoon6260

    6 жыл бұрын

    if only i'd have discovered you earlier. thanks sir!

  • @jinhuajiang754
    @jinhuajiang7542 жыл бұрын

    My profesor uses this video to explain to us directly😂😂

  • @mwaikibaki8766
    @mwaikibaki87662 жыл бұрын

    Goated

  • @shenel9059
    @shenel90595 жыл бұрын

    what's the name of the cereal company

  • @shenel9059

    @shenel9059

    5 жыл бұрын

    For anyone wondering the same thing I've just found it, it's SpecialK

  • @blessingncube8416
    @blessingncube8416 Жыл бұрын

    P3 today…. Let’s go😮‍💨

  • @max-gg9qk

    @max-gg9qk

    4 ай бұрын

    how was it

  • @samfitzjohn567
    @samfitzjohn5676 жыл бұрын

    Do a live stream before the last 2 papers

  • @isabellawhalley1987

    @isabellawhalley1987

    3 жыл бұрын

    No but i think he would consider it. Would you watch?

  • @raiyanzubair1200
    @raiyanzubair12004 жыл бұрын

    sir tell the difference between Ansoff's Matrix, Boston Matrix?

  • @shashisharmapaudel987

    @shashisharmapaudel987

    4 жыл бұрын

    Ansoff's matrix is used to make a strategic choice for a business while Boston matrix is used for strategic analysis.

  • @THEPOLITICALBUSINESSMANYT
    @THEPOLITICALBUSINESSMANYT Жыл бұрын

    There's also unrelated diversification, such as when Amazon entered the grocery market.

  • @Oangle
    @Oangle3 жыл бұрын

    POV: you got an A2 exam running tomorrow morning... :p

  • @hayafarooqui1915

    @hayafarooqui1915

    3 жыл бұрын

    Yupppp

  • @taniamungoni486
    @taniamungoni4862 жыл бұрын

    To us with paper 3 tomorrow

  • @chantellechifamba

    @chantellechifamba

    2 жыл бұрын

    To us 🥂

  • @busarorobinson6299
    @busarorobinson62992 жыл бұрын

    My highschool final exam is in a few minutes lmao

  • @thefifaspecials1842
    @thefifaspecials18422 жыл бұрын

    whos looking at this before exam

  • @snapamericancandy_p3892
    @snapamericancandy_p38923 жыл бұрын

    gng

  • @apurva553
    @apurva5536 жыл бұрын

    Sir u r speaking very fast... M unable to catch it, especially the initial part

  • @PapaSeed

    @PapaSeed

    6 жыл бұрын

    WaveyZ allow him bro

  • @cindayin

    @cindayin

    5 жыл бұрын

    subtitles?

  • @mirsabahatali1028
    @mirsabahatali10283 жыл бұрын

    Thanks

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