When an Object Is an Instance of More Than One

question 83

True/False

When an object is an instance of more than one class, this is known as multiple classification.

---

Definitions:

BCG Business Portfolio

A matrix developed by the Boston Consulting Group to help businesses analyze their product lines or business units for strategic decision-making based on market growth and market share.

Compound Annual Growth Rate

The mean annual growth rate of an investment over a specified time period longer than one year, expressing the compound growth of an investment.

Relative Market Share

A metric that compares a company’s market share to that of its largest competitor, indicating its competitive position in the market.

BCG Business Portfolio

A strategic planning tool that categorizes a company's products or services into four quadrants (Stars, Cash Cows, Question Marks, Dogs) based on market growth and market share.