Both the Internal-External (IE) and Boston Consulting Group (BCG) Matrices

question 104

Multiple Choice

Both the Internal-External (IE) and Boston Consulting Group (BCG) Matrices are called ________ matrices.

• A) portfolio
• B) security
• C) strategy
• D) vector
• E) velocity

---

Definitions:

Management

The process of planning, organizing, directing, and controlling resources to achieve organizational objectives efficiently and effectively.

Exception

A deviation from the rule, standard, or expected outcome.

Contingency Theory

A theory that suggests the effectiveness of a leadership style is contingent upon the context and situation at hand, and no one style is best in all circumstances.

Leadership

The action of leading a group of people or an organization by providing direction, implementing plans, and inspiring individuals to achieve collective goals.