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Due to the Limitations of the BCG and Other Formal

question 25

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Due to the limitations of the BCG and other formal portfolio planning models, many companies are placing responsibility for strategic planning in the hands of cross-functional teams of divisional managers who are close to their markets. In such organizations, strategic planning is .


Definitions:

Column Proportion

The ratio of the frequency of each category to the total number of observations in the column, often used in categorical data analysis.

SAS Proficiency

The level of skill and knowledge in using SAS (Statistical Analysis System), a software suite used for advanced analytics, multivariate analyses, business intelligence, and data management.

Not Proficient

A term used to describe a level of skill or knowledge that does not meet the basic competency requirements.

Table Size

The dimensions or number of entries in a table, indicating the richness or complexity of the data being dealt with.

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