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The BCG matrix is a means of evaluating strategic business units based on their

Multiple Choice

business costs and share of the market.

differentiation and profitability.

business growth rates and share of the market.

product quality and profitability.


Sagot :

Business growth rates and share of the market. The correct answer is option (c).

What is BCG Matrix?

The Boston Consulting Group (BCG) created a planning tool that employs graphical representations of a company's products and services to help it decide what to keep, sell, or invest more in.

The matrix displays a company's products as a four-square matrices, with the market share axis on the x-axis and the rate of market growth on the y-axis. The Boston Consultancy Firm first presented it in 1970. The four product groups that make up the BCG growth-share matrix are heuristically referred to as "dogs," "cash cows," "stars," and "question marks." Each classification quadrant has an own set of qualities.

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