Final BCG & SWOT AnalysisQuestion Set:Please work on the following tasks.(1) What is BCG matrix?...

Final BCG & SWOT AnalysisQuestion Set:Please work on the following tasks.(1) What is BCG matrix? Why do we need BCG matrix? How we can use BCG matrix foreffective strategic formulation?(2) How do you categorize various Monsanto’s products/services into one of four categories ofBCG matrix (Cash Cows, Stars, Question Marks, and Dogs)? Why do you think so? I amlooking for your own ideas and logic!(3) Have your SWOT matrix of Monsanto ready (You already have SWOT matrix of Monsantothrough previous modules, do you remember?). Then, find or develop SO (strengthsopportunities) Strategies, WO (weaknesses-opportunities) Strategies, ST (strengthsthreats) Strategies, WT (weaknesses-threats) Strategies of Monsanto. Needless to say,please check your competitive profile matrix of Monsanto which you already developedpreviously AND your own BCG matrix of Monsanto in this journal.Show me your own ideas and logic for SWOT based strategic formulation!Thank you!Top of FormThe following are example matrix formats you can use to support your critical analysis.These represent the data points you use to develop your executive summary (Journal).BCG Matrix and MonsantoBelow is a categorization of Monsantoâ€™s Products and Services in a BCG Matrix.HighMediumLowHighLowMediumII STARSI QUESTION MARKSIII CASH COWSIV DOGSSWOT on MonsantoBelow is a Strengths, weaknesses, opportunities and threats (SWOT) matrix on Monsanto.STRENGHTSWEAKNESSESOPPORTUNITIESTHREATSCompetitive Profile MatrixFor this profile matrix, 4 equals major strength, 3 equal minor strength, 2 equals minorweakness and 1 equal major weakness.Critical Success FactorsMonsantoWeightTOTAL1.00RatingBayer CropScienceWeighted Score(WxR)WeightRatingWeighted Score(WxR)