Growth inhibitors are factors that can limit or slow down the growth of a business. They can be internal or external.
Internal growth inhibitors can include lack of strategic planning, poor management, inadequate skills or resources, or a weak company culture.
External growth inhibitors can include market saturation, strong competition, economic downturns, regulatory restrictions, or changes in consumer behavior or technology.
In the context of the BCG Matrix, a company in a low growth, low market share quadrant (often referred to as 'dogs') may face many growth inhibitors such as intense competition, low market attractiveness, or lack of differentiation.
It's important for businesses to identify and address these inhibitors to ensure sustainable growth.
How to use market trends to bring in new business opportunities? This Market Research presentation p...
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