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Question
The BCG Matrix requires more information about the divisions than the IE Matrix.
Answer
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Related questions
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Opportunity analysis is one of the basic functions of
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B) finance/accounting.
C) computer information systems.
D) production/operations.
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One of the dangers of remaining a local competitor is that more aggressive companies will use their global growth to capture economies of scale and learning.
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All of the following are limitations of the BCG Matrix EXCEPT
A) Viewing every business as a star, cash cow, dog or question mark can be an oversimplification.
B) The Matrix requires at least three years worth of data.
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Which of the following is NOT a major approach to R&D?
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After a draft mission statement has been developed, it is important to
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R&D employees and managers perform all of the following tasks EXCEPT
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In the BCG Matrix, a division with a high relative market share position in a low-growth industry can be described as a
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In the BCG Matrix, when a division of an organization has a high relative market share and is in a fast-growing industry, it is called a
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In the BCG Matrix, how would a division with a low relative market share position in a high growth industry be described?
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Forward integration strategy is especially effective when the availability of quality distributors is so limited as to offer a competitive advantage to those firms that integrate forward.
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McDonalds currently owns more than 50 percent of its restaurants.
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Contingency plans should be as simple as possible.
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Strategists should try to cover all bases by planning for all possible contingencies.
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Since a combination strategy bears no risk, many organizations pursue a combination of two or more strategies simultaneously.
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