In the BCG Matrix,businesses Are Classified on the Basis of the ____________________

question 165

Short Answer

In the BCG matrix,businesses are classified on the basis of the ____________________ they hold and the growth rate of that market.

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Definitions:

Delegation

The process of assigning responsibility and authority to others to complete specific tasks or functions while retaining overall accountability.

Organizational Hierarchy

The arrangement of individuals within an organization into different levels of authority and responsibility, often visualized as a pyramid.

Democratic Process

A method of decision-making where all members have an equal say or vote in the decision.

Empowerment Approach

A strategy for enhancing the capacity of individuals or groups to make choices and transform those choices into desired actions and outcomes.