BCG Matrix analyzes business opportunities according to market growth rate and market share.
Option B is correct.
An analysis of a company's products using a BCG matrix is a tool for long-term strategic planning. Companies can use the matrix to find new chances for growth and choose their future investment strategy. The majority of businesses provide a wide range of items, although some offer better returns than others.
The BCG Matrix is a well-known 22 Matrix that contrasts businesses according to their rates of market growth and respective market shares. Additionally, the names of each quadrant make it simpler to identify the type of business.
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