In a bubble chart used for portfolio management, "Pearls" are projects that have both high potential payoff and a high likelihood of success. They are typically considered to be excellent investment opportunities due to their promising prospects. Projects with a high potential payoff but a low likelihood of success are typically classified as "Oysters." Thus, the correct answer is B: False.
References:
Cooper, R. G., Edgett, S. J., & Kleinschmidt, E. J. (2001). Portfolio Management for New Products.
Basic Books.
Wheelwright, S. C., & Clark, K. B. (1992). Revolutionizing Product Development: Quantum Leaps in Speed, Efficiency, and Quality. Free Press.