The General Term for a Graphical Display of Categorical Data

question 86

Multiple Choice

The general term for a graphical display of categorical data made up of vertical or horizontal bars is called a(n) ___________.

• A)Pie chart
• B)Pareto chart
• C)Bar chart
• D)Ogive plot

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Definitions:

Dominant Market Share

A term describing a company or product that holds a majority percentage of total sales in its market, showcasing high competitive strength and market control.

Slow-Growth Industry

An industry characterized by low annual growth rates, often mature in nature, facing limited prospects for expansion.

Relative Market Share

A measure of a company's sales or revenues as a proportion of the total sales or revenues of the industry or market it operates in.

Portfolio Analysis Matrix

A strategic tool used by companies to evaluate their product lines or business units, often considering market growth and market share.