In the Boston Consulting Group (BCG) Matrix, Which Strategy Would

question 26

Multiple Choice

In the Boston Consulting Group (BCG) Matrix, which strategy would be most appropriate for a division classified as a Dog?

• A) Market penetration
• B) Market development
• C) Product development
• D) Retrenchment
• E) Forward integration

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Definitions:

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s.

John Maynard Keynes

A British economist whose theories on the causes of prolonged unemployment and recommendations for government intervention in economies to stimulate demand and avoid economic depressions have had a profound influence on modern economic and political theory.

Civil Penalty

A fine or monetary punishment levied by a government agency as a consequence of violating laws or regulations, not involving criminal prosecution.

Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulation of banks, and stability of the financial system.