In BCG Matrix, the Circle Size Represents the Relative Profit

question 55

True/False

In BCG Matrix, the circle size represents the relative profit made by each business in the company's portfolio.

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Definitions:

Uniform Conformity

The consistent and uniform adherence to a set of standards, rules, or norms across a group or organization.

Organizational Norms

The shared expectations and rules that guide behavior of people within an organization.

Disjunctive Socialization

is a process in which new members of a group or organization have to acquire knowledge and skills that are significantly different from those of existing members.

Institutionalized Socialization

The process by which individuals are taught and trained to internalize and follow the norms, values, and behaviors considered appropriate within a given society or organization.