The GE/McKinsey Matrix Has Two Dimensions

question 6

Multiple Choice

The GE/McKinsey matrix has two dimensions:

• A)Intensity of technology, and intensity of competition
• B)Strengths of the firm, and weaknesses of the divisions
• C)Competitive advantage, and level of innovation
• D)Industry attractiveness, and division's competitive advantage

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Definitions:

Primary Stakeholders

Individuals or groups that have a direct interest or stake in the actions, success, or policies of an organization, including customers, employees, and investors.

Corporate Citizenship

Refers to a company's responsibilities toward society. This concept emphasizes the importance of acting in a socially responsible manner that goes beyond profit-making.

Fiduciary Duties

Refers to the obligations of loyalty and care that fiduciaries owe to their clients or beneficiaries, ensuring their best interests are prioritized.