One of the Strengths Inherent in the Use of the BCG

question 41

Multiple Choice

One of the strengths inherent in the use of the BCG portfolio analysis is the fact that it:

• A)is remarkably easy to locate an SBU on the BCG matrix.
• B)considers all factors that might impact an SBU's value to an organization.
• C)acts as a strong motivational tool for employees in SBUs that have been labeled dogs or problem children.
• D)forces firms to assess their SBUs in terms of relative market share and industry growth rate.

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Definitions:

Causal Attribution Theory

A concept in social psychology that examines how individuals infer the causes of their own and others' behaviors and events.

Infidelity

The act of being unfaithful or violating a trust or commitment within a romantic relationship.

Career Demanding

A situation or profession that requires a high level of commitment, effort, and possibly sacrifices in terms of time and energy.

Fundamental Attribution Error

A common cognitive bias where people tend to overemphasize individual personality or dispositional factors and underestimate situational factors when explaining others' behaviors.