High growth and high market share are stars

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1. For over 20 years, ABC Manufacturing produced only one product, a car part for Moraine Assembly, the Moraine, Ohio, General Motors truck factory. So when GM closed the Moraine Assembly facility, ABC was an example of a vulnerable company.

True or False

2. According to the BCG matrix, organizations that have high growth and high market share are stars and should be kept.

True or False

3. Nonrational models of decision making assume that managers have complete information and are able to make the best decision for the organization, describing how managers ought to make decisions. It doesn't describe how managers actually make decisions.

True or False

Reference no: EM131471634

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