BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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QSPM
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BCG Matrix
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SPACE Matrix
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Grand strategy matrix
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Detailed explanation-1: -The pie slices within the circles of a BCG matrix reveal the percent of corporate profits contributed by each division. BCG matrix is a framework created by Boston Consulting Group to evaluate the strategic position of the business brand portfolio and its potential.
Detailed explanation-2: -In a BCG Matrix the pie slice indicates the proportion of corporate profits generated by that division.
Detailed explanation-3: -When divisions are placed on the BCG matrix, they are indicated by a circle. Usu-ally, the size of each circle indicates the relative significance of each business unit to the organization in terms of cash generated (see Exhibit 12.3).
Detailed explanation-4: -The BCG Matrix: Stars Products in the stars quadrant are market-leading products and require significant investment to retain their market position, boost growth, and maintain a competitive advantage.
Detailed explanation-5: -BCG Matrix requires more information about the divisions than the IE Matrix. On the x-axis of the IE Matrix, an internal factor evaluation score of 2.5 represents a weak internal position.