The BCG Matrix Divides Products into Four Categories: Stars, Question

question 121

True/False

The BCG Matrix divides products into four categories: stars, question marks, cows, and skunks.

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Definitions:

Self-managed Team

A group of employees tasked with planning and controlling their work processes, schedules, and the allocation of tasks without direct supervision from management.

Mutual Problems

An issue or challenge shared by multiple parties that requires collaborative resolution efforts.

Functional Teams

Groups organized around specific roles or tasks, aimed at enhancing operational efficiency and effectiveness.

Diversity Teams

Teams comprised of members from a variety of backgrounds, perspectives, and experiences, leveraging differences to achieve superior results.