Examlex
Suppose one trains a dog to come running for food when one whistles a 60 dB whistle and also trains the same dog to NOT come running when one whistles a 70 dB whistle. According to the peak-shift effect, which whistle would then lead to the dog's fastest running?
BCG Portfolio Analysis
A strategic business tool developed by the Boston Consulting Group to help organizations prioritize which products or units to invest in based on market growth and market share.
Market Growth Rate
The annual rate of growth of the specific market in which the product competes.
Vertical Axis
In a graph or chart, the vertical line to the left side that typically represents the range of values for the variable measured.
BCG Matrix
A strategic business tool developed by the Boston Consulting Group that classifies business units or products into four categories (Question Marks, Stars, Cash Cows, Dogs) based on their market growth rate and market share.
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