In the context of account classification, which of the following is a feature of portfolio analysis?
A) It is less complex compared to ABC analysis.
B) It requires no statistical data to classify the accounts.
C) It uses only one factor to analyze an account.
D) It is represented in the form of a matrix.
E) It excludes the competitive position of the seller.

Question

Quizplus · Accepted Answer

Portfolio analysis is often represented in the form of a matrix, such as the Boston Consulting Group (BCG) matrix or the General Electric/McKinsey matrix, which helps in visualizing the position of products or business units on the basis of multiple factors, aiding in strategic decision-making.

In the Context of Account Classification, Which of the Following