Question: ( Compulsory ) Why is the BCG Matrix called a portfolio matrix? What purpose does this matrix serve? From the data given below you are

(Compulsory) Why is the BCG Matrix called a portfolio matrix? What purpose does this matrix serve? From the data given below you are required to construct a BCG Matrix for Big Ben Ltd and provide a brief overview of the matrix's depictions.
Big Ben Ltd is the name given to the conglomerate operated by Benjamin Willis across Clarendon, Jamaica. Today, Big Ben owns a pharmacy, a fast food outlet, a hardware store, and a supermarket. Outlined below are some data derived from last year's annual report from Big Ben Ltd:
Big Ben Pharmacy - raked in $1.5B in revenues and $290M in net profits. The pharmacy industry is doing well and registered growth of 4% over the past three years. Big Ben Pharmacy holds roughly 15% shares in the industry across Clarendon.
Fresh and Fast, his fast food outlet, made $375M in revenue and $56M in net profit. Benjamin claims that the fast food business is almost saturated and is growing only minimally, and his outlet holds less than 5% of market share parish wide.
Big Ben Hardware, from its three branches throughout the parish, brought in $2.4B in revenue and $405M in net profit. The hardware industry is reportedly growing but rather slowly, and Big Ben controls 20% of the market in Clarendon.
Big Buy Supermarket has four outlets in Clarendon and saw revenues of $1.8B and net profits of $340M for the last financial year. The supermarket industry is reportedly growing at approximately 5% annually and Big Buy holds about 10% of the market share in the parish.
 (Compulsory) Why is the BCG Matrix called a portfolio matrix? What

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