One of the Strengths Inherent in the Use of the BCG

question 173

Multiple Choice

One of the strengths inherent in the use of the BCG portfolio analysis is the fact that it:

• A)forces firms to assess their SBUs in terms of relative market share and industry growth rate.
• B)considers all factors that might impact an SBU's value to an organization.
• C)is remarkably easy to locate an SBU on the BCG matrix.
• D)acts as a strong motivational tool for employees in SBUs that have been labeled dogs or problem children.

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Definitions:

Family-friendly Programs

Work policies and practices that accommodate employees' family responsibilities, such as flexible working hours, childcare services, and parental leave.

Best Employers

Companies or organizations recognized for their exceptional workplace policies, employee satisfaction, and strong corporate culture, often receiving awards or high rankings in employer surveys.

Benefits Programs

Structured plans offered by employers that provide their employees with various compensations in addition to their salary, such as health insurance, retirement contributions, and vacation time.

Increase Turnover

A strategy aimed at boosting the amount of business conducted, often referring to sales or revenue growth.