![]() They include computer sale, mobile technology, recycling, energy efficiency and providing software solutions. HP diversification strategy To indentify HP diversification strategy, it is imperative to analyze the major products and services offered by the company. Increased sales and profits: HP Company seeks to increase its market share and maximize on its profits. ![]() Risk management strategy: companies diversify to reduce risks. This has resulted in most companys escaping the stagnating market in hope of capturing other better markets. ![]() The main reasons for diversification are: Growth: the computer market is currently flooded and there is an intense competition. Many companies including Hewlett Packard (HP) participate in diversification of products and service. HP BCG matrix The Boston Consulting Group (BCG) matrix classifies products and services of a given business and enables the managers to determine which products should be given priority over the others. This way we can continue creating much more FREE templates for you. If you liked our content, please support our site helping us to spread the word. More than just statistics and figures, the Gartner Magic Quadrant is a matrix showing the progress of various companies, so browse free technology diagrams to seek the tools that fit your business.
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