In the Context of the BCG Matrix, Which of the Following

question 91

Multiple Choice

In the context of the BCG matrix, which of the following businesses would be classified as a star?

• A) PrimeSmart, a smartphone manufacturer that is the market leader in a rapidly growing industry
• B) RainTech, an electronics company that is struggling for market share in a fast-growing industry
• C) HappyTot, a children's toy company that has been earning steady profits in a slow-growing industry
• D) RigsWheels, a tire manufacturer that has negligible market share in a slow-growing industry

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Definitions:

Assembly Line

A production process that breaks down the manufacture of a good into steps that are completed in a pre-defined sequence, enhancing efficiency through specialization and mechanization.

Automated Storage

Systems designed to automatically store and retrieve items, improving efficiency and reducing manual labor in warehouses.

Retrieval Systems

Mechanisms or processes used for recovering information or items from storage locations.

Distribution Facilities

Warehouses or storage sites where goods are held before they are distributed to the final customer.