Multiple Choice
All of the following are limitations of the Boston Consulting Group (BCG) Matrix EXCEPT
A) viewing every business as a star, cash cow, dog, or question mark can be an oversimplification.
B) the matrix requires at least three years worth of data.
C) the matrix does not reflect divisional or industry growth over time.
D) the matrix does not allow a company to be classified as somewhere in between two categories.
E) variables such as size of market and competitive advantages are not considered in the Matrix.
Correct Answer:

Verified
Correct Answer:
Verified
Q62: Strengths-opportunities strategies are based on using a
Q63: Viewing every business as either a Star,
Q64: Coalitions of individuals often form around key
Q65: Strategy changes may be highly ineffective, but
Q66: Which stage of the strategy-formulation framework involves
Q68: Culture includes the set of shared values,
Q69: What are two of the strategies that
Q70: In the BCG Matrix, a division with
Q71: Achieving satisfactory results with a popular strategy
Q72: What are the two external dimensions of