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In General,the BCG Matrix Suggests That an Organization Will Do

question 94

True/False

In general,the BCG matrix suggests that an organization will do better in fast-growing markets in which it has a high market share rather in slow-growing markets in which it has a low market share.


Definitions:

Endogenous

Endogenous refers to factors or processes that originate from within a system, such as internal economic conditions or policies affecting an economy's performance.

Innovation Theory

A concept in economics that attributes economic growth and development primarily to the introduction of new technologies and improvements in processes or products.

Under Consumption

A situation where consumers are spending less than what is needed to drive economic growth due to various factors like low income or high savings.

Sunspot Theory

A theory in economics that suggests that economic cycles might be driven by psychological factors or extrinsic shocks, rather than fundamentals alone.

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