The BCG Is a Useful Approach to Evaluate Current Businesses

question 130

Essay

The BCG is a useful approach to evaluate current businesses.Describe a method that a firm could use to identify future growth opportunities.

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Definitions:

Negatively Reinforced

Strengthening a behavior because a negative condition is removed or avoided as a consequence of the behavior.

Incessant Nagging

Continuous and often repetitive complaining or scolding about something, usually in a bothersome or tiresome way.

Positive Reinforcement

A process that strengthens behavior by providing a reward or positive outcome after the behavior occurs.

Widgets

Small applications or programs, often part of a larger system, designed to perform a specific function for the user.