What Are the Axes on the Boston Consulting Group (BCG)

question 1

Multiple Choice

What are the axes on the Boston Consulting Group (BCG) matrix labelled?

• A) Market share and market size
• B) Market price and quantity demanded
• C) Market attractiveness and market share
• D) Historical market growth and current share
• E) Relative market share and market growth rate

---

Definitions:

Security of Records

Measures put in place to protect records, both physical and electronic, from unauthorized access, theft, or damage.

Compliance Officers

Professionals responsible for ensuring that organizations adhere to legal standards and internal policies.

Indigents

Individuals lacking in basic resources such as food, clothing, and shelter due to poverty.

Social Security Amendments

Changes or modifications made to the laws governing social security, aimed at updating, improving, or expanding benefits provided to citizens.