Q71
The pie slices within the circles of a ________ reveal the percent of corporate profits contributed by each division
A.
QSPM
B.
BCG matrix
AnswerC.
SPACE matrix
D.
Grand strategy matrix
Answer: Option B
Solution
Answer: Option B
Solution:
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. It classifies business portfolio into four categories based on industry attractiveness (growth rate of that industry) and competitive position (relative market share).