In the Context of the Boston Consulting Group (BCG) Matrix

question 38

Multiple Choice

In the context of the Boston Consulting Group (BCG) matrix, which of the following is a similarity between stars and question marks?

• A) Both have large shares in their respective markets.
• B) Both have shares of a fast-growing market.
• C) Both have small shares in their respective markets.
• D) Both have shares of a slow-growing market.

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Definitions:

Postindustrialism

A phase in economic development marked by a shift from manufacturing-based economies to those dominated by service-oriented, information-rich activities.

Education Importance

The significance attributed to acquiring knowledge and learning skills, seen as key to individual development, social progress, and economic growth.

Leisure Time

Free time that an individual can spend away from work, chores, and other obligations, often engaging in recreational activities.

Ascribed Status

A social position assigned at birth or involuntarily later in life, not based on achievements or abilities.