One of the Most Recognized Approaches to Business Portfolio Analysis

question 95

Essay

One of the most recognized approaches to business portfolio analysis is the Boston Consulting Grou growth-share matrix. By dividing each dimension into high and low categories, the matrix contains f cells. Briefly describe the four quadrants of the matrix.
BCG has given specific names and descriptions to the four quadrants in its growth-share matrix. The as follows:

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Definitions:

Self-managed Work Team

A team in which members collectively take on management responsibilities, such as planning, scheduling, and evaluating their own performance.

Job Enlargement

Increasing the variety of tasks in a job to make it more rewarding and lessen the monotony.

Specialized Tasks

Jobs or activities that require a specific set of skills or knowledge, often focused on a particular area or field.

Equitable Rewards

A system of compensation that is fair and just, taking into consideration factors such as effort, market rates, and individual contribution.