What Are Criticisms of the BCG Matrix? Please Select All

question 8

Multiple Choice

What are criticisms of the BCG matrix? Please select all that apply.

• A) It uses only industry growth rate and market share to assess a business unit's current performance.
• B) It overemphasizes the importance of market share and market dominance.
• C) It does not require managers' judgement.
• D) It provides analysis of core competences of firms.

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Definitions:

Seizures

Sudden, uncontrolled electrical disturbances in the brain that can cause changes in behavior, movements, feelings, and levels of consciousness.

Three-Legged Cat Solution

A metaphorical term suggesting an unconventional or unique solution to a problem, often involving adaptation to limitations.

Nerve Growth Factor

A protein that is crucial for the growth, maintenance, and survival of certain neurons, promoting the development and regeneration of nerve cells.

Loss of Limb

The complete or partial absence of an arm or leg due to trauma, medical conditions, or surgical removal, significantly impacting an individual's mobility and daily life activities.