Question

Which of the following is true of the BCG matrix? a.It helps in restructuring the structure of an organization. b.It divides the market into low-, medium-, and high-growth markets. c.It helps managers understand how strategic business units contribute to an overall organization. d.It suggests that slow-growing markets have more stable and attractive business opportunities for an organization’s products.

Answer 1

Answer:

Option C

Explanation:

The Boston Consulting gathering's item portfolio network (BCG grid) is intended to help with long haul vital arranging, to enable a business to consider development openings by checking on its arrangement of items to choose where to contribute, to stop or create items. It's otherwise called the Growth/Share Matrix.

Thus manager utilizes it to understand the contribution of units of strategic business in the overall growth of an organization.