Which of the Following Is Not a Type of Business

question 104

Multiple Choice

Which of the following is not a type of business unit identified or labeled by the Boston Consulting Group (BCG) Matrix?

• A)stars
• B)dogs
• C)question marks
• D)tigers

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Definitions:

Average Tariff

The average rate of duty or tax levied on imported goods.

Imports

Goods or services bought from foreign countries for domestic consumption or use.

Free Trade

International trade left to its natural course without tariffs, quotas, or other restrictions.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service at a lower cost per unit than the cost at which any other entity can produce the same good or service.