According to the BCG Growth-Market Share Matrix, ________ Are Strategic

question 56

Multiple Choice

According to the BCG growth-market share matrix, ________ are strategic business units with products that have a dominant market share in a high-growth market.

• A) problem children
• B) exclamation points
• C) cash cows
• D) stars
• E) question marks

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Definitions:

Consumer Products

Goods sold directly to the end consumer for personal use, as opposed to being sold for further production or processing.

Detrimental Effects

Negative impacts or outcomes that result from a particular action or set of conditions.

Developed Markets

Countries with highly industrialized economies, well-developed financial markets, and high standards of living.

Wage-related Expenses

Costs incurred by employers that are directly associated with the payment of wages to employees, including taxes, benefits, and insurance.