The 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 to help companies with multiple divisions or product lines to formulate product-specific strategies. Therefore, option A is the correct answer.

The BCG Matrix Is Designed Specifically to Enhance Which Type