Which of the Following Accurately Reflects a Problem with the BCG

question 151

Short Answer

Which of the following accurately reflects a problem with the BCG matrix approach?
It focuses on future planning.
It can be costly to conduct.
It detracts from the focus on profit maximization.
It can lead to over estimation of profits.
It focuses on classifying future businesses.

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Definitions:

Just-World Phenomenon

The cognitive bias that a person's actions are inherently inclined to bring morally fair and fitting consequences to that individual, to the end of all noble actions are rewarded and evil actions are punished.

Scapegoating

The practice of singling out any party for unmerited negative treatment or blame.

Other-Race Effect

The tendency to more easily recognize faces of one's own race, compared to faces of other races, often attributed to social and cognitive factors.

Aggression

Behavior aimed at causing harm or pain to another being, which can be physical or verbal.