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Management · Q10

Strategic Management

Graduate and Post Graduate · Management · question 10

Q10

The BCG matrix is based on

A.
Industry attractiveness and Business strength
B.
Industry Growth rate and Business strength
C.
Industry Attractiveness and Relative Market share
D.
Industry growth rate and relative market share
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
The BCG matrix is based on Industry growth rate and relative market share. BCG matrix is a framework created by Boston Consulting Group to evaluate the strategic position of the business brand portfolio and its potential.