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There are three steps in a PCR process. In the third step, the temperature is usually set at 72oC because this is the optimum temperature for the
Market Development
A growth strategy that identifies and develops new market segments for current products, including geographic expansion or targeting new segments.
Diversification
A strategy in business and investment to spread risks and opportunities across different markets, products, or investments.
Cash Cow
A product, service, or business unit that generates a steady flow of profits with minimal investment.
Star
In the context of the Boston Consulting Group matrix, refers to a product or business unit with a high market growth rate and high market share, suggesting high potential.
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