BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is the BCG matrix categories are being described here:A fast growing market leader.
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Star
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cash cow
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Problem child/ Question mark
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Dog
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Explanation:
Detailed explanation-1: -A star is a fast-growing market leader.
Detailed explanation-2: -Cash Cows quadrant A Cash Cow is a market leader that generates more cash than it consumes.
Detailed explanation-3: -In the BCG Matrix, when a division of an organization has a high relative market share and is in a fast-growing industry, it is called a A) Star. This is the definition of a star in this matrix. A cash cow is a firm that does well in a relatively slow growing market.
Detailed explanation-4: -The BCG growth-share matrix contains four distinct categories: “dogs, ” “cash cows, ” “stars, ” and “question marks.” The matrix helps companies decide how to prioritize their various business activities.
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