According to the Boston Consulting Group, Question Marks Are Characterised

question 14

Multiple Choice

According to the Boston Consulting Group, question marks are characterised as products that:

• A)have a small share of a growing market and require large amounts of cash to build market share.
• B)generate more cash than is required to maintain share.
• C)exist at a cost disadvantage and offer few opportunities for growth at a reasonable cost.
• D)have substantial reported profits but need a lot of cash to finance the rate of growth.

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Definitions:

Temporary Protection

A form of humanitarian status that allows individuals fleeing emergencies in their home countries to remain in a host country for a limited period.

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than other producers.

Absolute Advantage

The ability of a country or individual to produce a good more efficiently than another entity with the same resources.

Trade Deficit

The circumstance where a country's imports outpace its exports, causing a negative trade balance.