All of the Following Are Limitations of the Boston Consulting

question 67

Multiple Choice

All of the following are limitations of the Boston Consulting Group (BCG) Matrix EXCEPT

• A) viewing every business as a star, cash cow, dog, or question mark can be an oversimplification.
• B) the matrix requires at least three years worth of data.
• C) the matrix does not reflect divisional or industry growth over time.
• D) the matrix does not allow a company to be classified as somewhere in between two categories.
• E) variables such as size of market and competitive advantages are not considered in the Matrix.

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Definitions:

Freud

An Austrian neurologist named Sigmund Freud created psychoanalysis, a technique for addressing mental disorders through conversations between a therapist and their patient.

Torture

The act of inflicting severe pain or suffering on someone, often to punish, coerce, or gather information.

Working Memory

A cognitive system responsible for temporarily holding and processing information needed for complex tasks such as learning, reasoning, and comprehension.

Distributed Study

A learning technique that involves spreading study sessions out over time to improve retention and understanding.