In the BCG Matrix, When a Division of an Organization

question 107

Multiple Choice

In the BCG Matrix, when a division of an organization has a high relative market share and is in a fast-growing industry, it is called a

• A) Star.
• B) Cash Cow.
• C) Cat.
• D) Question Mark.
• E) Dog.

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Definitions:

Creating Weirdness

Encouraging or fostering an environment that embraces unique, unconventional, or strange ideas and behaviors.

Hiring Procedure

The set of activities and processes used by organizations to attract, select, and appoint suitable candidates for jobs.

Pajama Parties

Social gatherings, typically held at someone's home, where participants wear pajamas and engage in various leisure activities.

Organizational Rituals

Ceremonies or practices that are performed regularly within an organization and contribute to its culture and identity.