The Boston Consulting Group (BCG) Has Given Specific Names and Descriptions

question 37

Multiple Choice

The Boston Consulting Group (BCG) has given specific names and descriptions to the four resulting quadrants in its growth-share matrix based on the amount of cash they generate for or require from the organization. Dogs are SBUs that are classified as having

• A) high market growth rates and high relative market shares.
• B) low market growth rates but high relative market shares.
• C) low market growth rates and low relative market shares.
• D) high market growth rates but low relative market shares.
• E) medium market growth rates and medium relative market shares.

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Definitions:

Procedures

Procedures are established methods or sequences of actions for performing a task or solving a problem systematically.

Valuing Diversity

The appreciation and respect for differences among individuals in age, gender, ethnicity, religion, disability, sexual orientation, education, and national origin.

Organizational Strategy

Refers to the plan of action employed by a company or institution to reach its long-term goals and ensure its survival and growth.

Malaysian Manager

A management professional operating within the context of the Malaysian business environment, encompassing the unique cultural, economic, and regulatory practices of Malaysia.