The Axes of the BCG and GE/McKinsey Business Portfolio Matrixes

question 51

True/False

The axes of the BCG and GE/McKinsey business portfolio matrixes represent the two fundamental sources of profitability for a business: the attractiveness of its industry and its competitive advantage.

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Definitions:

Smooth Muscle

A type of muscle found in the walls of internal organs and blood vessels that is not under conscious control.

Arrector Pili

Small muscles attached to hair follicles in mammals; their contraction causes hair to stand up, known as "goosebumps."

Voluntary Control

The conscious regulation of skeletal muscles and movements by the brain, permitting actions like walking, speaking, and grabbing.

Nervous Tissue

Specialized tissue that makes up the central and peripheral nervous systems, consisting of neurons and supporting cells, responsible for transmitting nerve signals.