Which of the Following Is True About Business Units Categorized

question 67

Multiple Choice

Which of the following is true about business units categorized as stars in a BCG matrix?

• A) They are low market share units within slow growing industries.
• B) They are high market share units within slow growing industries.
• C) They are high market share units within fast growing industries.
• D) They are low market share units within service industries.
• E) They are low market share units within fast growing industries.

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Definitions:

Current Year

Refers to the present fiscal or calendar year in which a business or organization is operating.

Cost of Goods Manufactured

The complete cost of goods manufactured in a given period, encompassing expenses for materials, labor, and overhead.

Financial Report

A financial report is a formal record of the financial activities and position of a business, person, or other entity over a given period.

Manufacturing Process

A series of steps and operations used in the production of goods.