In the BCG Matrix, When a Division of an Organization

question 107

Multiple Choice

In the BCG Matrix, when a division of an organization has a high relative market share and is in a fast-growing industry, it is called a

• A) Star.
• B) Cash Cow.
• C) Cat.
• D) Question Mark.
• E) Dog.

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Definitions:

Labour Unions

Organizations that represent workers' interests, negotiating wages, benefits, and working conditions with employers.

Human Resource Management

The strategic approach to effectively managing an organization's employees and workplace culture to achieve its business objectives.

Organizational Performance

The analysis of a company's performance as measured through indicators such as profitability, revenue, efficiency, and overall success in achieving its goals and objectives.

Promotion

The advancement of an employee within a company to a higher position, often accompanied by an increase in responsibility and pay.