In Analyzing the Cabot Corporation Portfolio Using the BDG Matrix

question 96

True/False

In analyzing the Cabot Corporation portfolio using the BDG matrix, the company decided to shift away from its core competence to unrelated areas of its business. The ensuing decline in assets indicated that it needed to return to its core competence in order to grow.

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Definitions:

Job Posting

The process by which a company internally advertises job vacancies to current employees to encourage promotions and transfers.

Headhunting

A targeted recruitment process in which specialized recruiters seek out highly qualified candidates for specific positions, often for senior-level roles.

Contrast Error

Occurs when we compare people against one another instead of against an objective standard.

Nonrelevancy Error

An error made during the employee appraisal process where information irrelevant to job performance influences the evaluation.