1. Portfolio management frameworks, such as the BCG matrix, share which of the following characteristics?
a. Businesses are plotted on a 3-dimensional grid.
b. Grid dimensions are based on external environments and internal capabilities/market positions.
c. Position in the matrix suggests a need for sharing synergies.
d. They are most helpful in helping businesses develop types of competitive advantage.
2. In the __________ stage of the industry life cycle, there are few segments, the emphasis on process design is low, and the major functional areas of concern are general management and finance.
a. introduction
b. growth
c. decline
d. Maturity