According to the BCG Growth-Share Matrix,cash Cows Are Market Share

question 18

True/False

According to the BCG Growth-Share Matrix,cash cows are market share leaders typically at the growth stage of their product life cycle and are usually able to generate enough cash to maintain their high share of the market.

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Definitions:

Tradable Property

Assets that can be easily bought, sold, or traded on various markets.

Suggestive Mark

A type of trademark that suggests rather than describes a characteristic of the goods or services to which it is attached, requiring consumer imagination to discern the nature.

Imagination

The ability of the mind to be creative or resourceful, often referred to in contexts beyond legal or technical definitions.

Goods

Goods are tangible items that are manufactured or produced for sale or use, including consumer products, machinery, food items, and more.