In BCG Matrix, the Circle Size Represents the Relative Profit

question 55

True/False

In BCG Matrix, the circle size represents the relative profit made by each business in the company's portfolio.

---

Definitions:

Appreciation

Recognition and enjoyment of the good qualities of someone or something, often leading to increased value.

Transparent Leader

A leadership style characterized by openness, communication, and accountability, making actions and decisions clear to others.

Economic Status

The social or financial position of an individual or group within a society, often measured by income, wealth, or occupation.

Personnel Crisis

A situation that arises when an organization faces unexpected and critical issues related to its employees, impacting its normal functions.