All of the Following Are Limitations of the Boston Consulting

question 67

Multiple Choice

All of the following are limitations of the Boston Consulting Group (BCG) Matrix EXCEPT

• A) viewing every business as a star, cash cow, dog, or question mark can be an oversimplification.
• B) the matrix requires at least three years worth of data.
• C) the matrix does not reflect divisional or industry growth over time.
• D) the matrix does not allow a company to be classified as somewhere in between two categories.
• E) variables such as size of market and competitive advantages are not considered in the Matrix.

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Definitions:

Relaxation Training

A therapeutic technique involving exercises designed to reduce stress and anxiety by promoting physical relaxation of the body and calmness of the mind.

Objects Relations Therapy

A psychoanalytic therapeutic approach focusing on how early childhood attachments and experiences shape current interpersonal relationships.

Generalized Anxiety Disorder

A chronic disorder characterized by excessive, long-lasting anxiety and worry about nonspecific life events, objects, and situations.

Psychodynamic Theorists

Psychologists who emphasize the role of unconscious psychological processes and early life experiences in shaping personality and behavior.