According to the BCG Matrix, a "Star" Is a Company

question 124

Multiple Choice

According to the BCG Matrix, a "star" is a company with a

• A)strong competitive position in a high-growth industry.
• B)weak competitive position in a high-growth industry.
• C)strong market share in a low-growth industry.
• D)weak market share in a low-growth industry.
• E)low-cost strategy competing in a low-growth industry.

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Definitions:

Commonwealth Vs. Hunt

A landmark 1842 Massachusetts Supreme Court case that ruled labor unions and strikes were lawful.

Railway Labor Act

A United States federal law that was originally enacted in 1926 to replace the existing dispute resolution mechanisms in the railway industry with a more effective and formal process.

National Industrial Recovery

A component of the U.S. New Deal in the 1930s aimed at stabilizing and reviving the economy by regulating industry, labor standards, and encouraging collective bargaining.

Agrarian Society

A community whose economy is based on producing and maintaining crops and farmland.