The Boston Consulting Group (BCG) Matrix is designed specifically to enhance which type of firm's efforts to formulate strategies?
A) Companies with more than one division
B) Large companies
C) Companies with annual sales greater than $1 million
D) Companies with annual sales of less than $1 million
E) All companies

Question

Quizplus · Accepted Answer

The BCG Matrix is specifically designed for companies with more than one division, as it helps in analyzing and strategizing for different business units or product lines within a diversified company.

The Boston Consulting Group (BCG) Matrix Is Designed Specifically to Enhance