The Boston Consulting Group's Model Serves as a Diagnostic Tool

question 114

True/False

The Boston Consulting Group's model serves as a diagnostic tool to spotlight strategic business units that have an opportunity to grow rather than as a guide for making strategy prescriptions.

---

Definitions:

Subgoals

Intermediate objectives or steps designed to facilitate the achievement of a primary goal.

Underestimate

To assess something as less important, smaller, or less likely than it actually is.

Scientific-Management

A management theory that analyzes and synthesizes workflows to improve economic efficiency and labor productivity.

Repetitive

Characterized by the act of doing or saying something over and over again, often leading to a pattern or routine.