The Boston Consulting Group (BCG) Has Given Specific Names and Descriptions

question 77

Multiple Choice

The Boston Consulting Group (BCG) has given specific names and descriptions to the four resulting quadrants in its growth-share matrix based on the amount of cash they generate for or require from the organization. Cash cows are SBUs that are classified as having

• A) high market growth rates and high relative market shares.
• B) low market growth rates but high relative market shares.
• C) low market growth rates and low relative market shares.
• D) high market growth rates but low relative market shares.
• E) medium market growth rates and medium relative market shares.

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Definitions:

Fair Play

The adherence to equitable and impartial standards of conduct or rules in games, sports, or other competitions.

Goodwill

An intangible asset representing the value of a business's reputation, brand, and customer relationships.

Persuasive Message

Communication designed to convince or influence the audience towards a particular viewpoint or action.

Requesting Action

A process where a clear action is sought from the recipient, typically seen in business communications and calls to action in marketing.