In the BCG Matrix,________ Refer to Low-Growth,high Share Businesses or Products.They

question 22

Multiple Choice

In the BCG matrix,________ refer to low-growth,high share businesses or products.They generate a lot of cash that the firm uses to pay its bills and support other SBUs that need investment.

• A)stars
• B)cash cows
• C)question marks
• D)dogs
• E)black holes

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Definitions:

Private Value

The value of a good or service to an individual buyer or seller which is independent of the market price or the value others might derive from it.

Externalities

Results of business activities on external entities not considered in the product or service's price.

Cars And Trucks

General categories of motor vehicles primarily used for transportation of people (cars) and goods (trucks).

Socially-Optimal Quantity

The level of production and consumption that achieves the largest possible economic efficiency, taking into account the external effects on society.