Examlex
Which of the following statements is true?
Limitations
Constraints or restrictions that affect the scope, effectiveness, or progress of a project, study, or business strategy.
BCG Matrix
BCG Matrix is a strategic business tool developed by the Boston Consulting Group to help organizations analyze and make decisions about their product portfolio, classifying products into four categories: Stars, Cash Cows, Question Marks, and Dogs.
Strategic Decisions
High-level, directional choices made by an organization to achieve long-term objectives and secure competitive advantage.
BCG Matrix
The BCG Matrix is a strategic planning tool that helps organizations evaluate their product portfolio based on market growth and market share, categorizing them into four quadrants.
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