The BCG Has Given Specific Names and Descriptions to the Four

question 139

Multiple Choice

The BCG has given specific names and descriptions to the four resulting quadrants in its growth-share matrix based on the amount of cash they generate for or require from the organization."Cash cows" are SBUs that are classified as having

• A)high market growth rates and high relative market shares.
• B)low market growth rates but high relative market shares.
• C)low market growth rates and low relative market shares.
• D)high market growth rates but low relative market shares.
• E)medium market growth rates and medium relative market shares.

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Definitions:

Nominal Wages

The amount of money paid to employees without adjustment for inflation, representing the face value of wages at the time of payment.

Real Wages

The purchasing power of wages, adjusted for inflation, reflecting the actual goods and services that money earned as wages can buy.

Labor Shortages

A situation in which employers have difficulty filling positions with qualified candidates, often due to a lack of available or skilled workers.

Short-Run Aggregate Supply

The aggregate volume of products and services that companies intend to sell within a brief period in the economy, based on existing price levels.