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The Boston Consulting Group (BCG) Growth-Share Matrix provides a simple method to illustrate a corporation's portfolio of investments. (a) Describe in detail how the BCG

The Boston Consulting Group (BCG) Growth-Share Matrix provides a simple method to illustrate a corporation's portfolio of investments.

(a) Describe in detail how the BCG Growth-Share Matrix assists companies in developing a balance in their portfolio of investments.

(b) Discuss five criticisms of the BCG matrix.

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