This article includes multiple choice questions (MCQs) on BCG Matrix :
What does BCG stand for in the BCG Matrix?
- Business Competency Group
- Boston Consulting Group
- Balanced Corporate Growth
- Broad Classification Grid
In the BCG Matrix,_________ quadrant represents high market share and high market growth.
- Stars
- Question Marks
- Cash Cows
- Dogs
The BCG Matrix suggests a “Build” strategy for products in the __________ quadrant.
- Stars
- Question Marks
- Cash Cows
- Dogs
What is the primary purpose of the BCG Matrix?
- Financial Reporting
- Portfolio Management
- Human Resource Planning
- Marketing Research
Question Marks are also known as __________ Children in the BCG Matrix.
- Problem
- Challenging
- Potential
- Troubled
The primary goal of the BCG Matrix is to achieve a balanced __________.
- Financial Plan
- Production Schedule
- Portfolio
- Marketing Campaign
WHAT IS A BCG MATRIX ?
In the context of the BCG Matrix, what does a “Cash Cow” signify?
- High market share in a high-growth market
- Low market share in a high-growth market
- High market share in a low-growth market
- Low market share in a low-growth market
Cash Cows are products with high market share in __________ growth markets.
- High
- Medium
- Low
- Declining
Which quadrant in the BCG Matrix represents products or business units with low market share in a high-growth market?
- Stars
- Question Marks
- Cash Cows
- Dogs
What does a “Dog” represent in the BCG Matrix?
- High market share in a high-growth market
- Low market share in a high-growth market
- High market share in a low-growth market
- Low market share in a low-growth market
The BCG Matrix neglects external factors and __________ trends in its analysis.
- Market
- Industry
- Environmental
- Technological
Which of the following statements is true regarding the BCG Matrix?
- Question Marks are low market share in low-growth markets.
- Cash Cows are characterized by high market share in high-growth markets.
- Dogs are high-potential products in high-growth markets.
- Stars require minimal investment for growth.
__________ approach is recommended for Question Marks in the BCG Matrix.
- Harvest
- Maintain
- Build
- Divest
A “Harvest” strategy is recommended for products in the __________ quadrant.
- Stars
- Question Marks
- Cash Cows
- Dogs
Which quadrant in the BCG Matrix requires a “Harvest” strategy?
- A) Stars
- B) Question Marks
- C) Cash Cows
- D) Dogs
___________ in the BCG Matrix has both low market share and low market growth.
- Stars
- Question Marks
- Cash Cows
- Dogs
____________ is the goal of the BCG Matrix in portfolio management.
- Increase market share
- Maximize profits
- Achieve a balanced portfolio
- Optimize employee performance
Which of the following is a limitation of the BCG Matrix?
- It is too complex for practical use.
- It neglects external factors and market trends.
- It is only applicable to large corporations.
- It provides specific solutions for every product.
In the BCG Matrix, what does a “Star” represent?
- Low market share in a high-growth market
- High market share in a high-growth market
- High market share in a low-growth market
- Low market share in a low-growth market
___________ , is the primary challenge associated with managing Stars in the BCG Matrix.
- Resource intensiveness
- Limited growth potential
- Uncertain future
- Low market share
______________ in the BCG Matrix is considered a “Question Mark” or “Problem Child”.
- Stars
- Question Marks
- Cash Cows
- Dogs
What does a “Cash Cow” signify in the BCG Matrix?
- High market share in a high-growth market
- Low market share in a high-growth market
- High market share in a low-growth market
- Low market share in a low-growth market
Which of the following strategies is typically applied to “Dogs” in the BCG Matrix?
- Harvest
- Maintain
- Build
- Divest
In the BCG Matrix, what does a “Dog” represent?
- High market share in a high-growth market
- Low market share in a high-growth market
- High market share in a low-growth market
- Low market share in a low-growth market
_____________ quadrant in the BCG Matrix represents low market share and high market growth.
- Stars
- Question Marks
- Cash Cows
- Dogs
Dogs in the BCG Matrix often require ongoing resources without significant __________.
- Investments
- Returns
- Expenditures
- Profits
The BCG Matrix categorizes products based on market share and __________ growth rate.
- Product
- Employee
- Market
- Production