With the Advantage of __________,Huge Companies with Lots of Money

question 69

Multiple Choice

With the advantage of __________,huge companies with lots of money may be the best at taking on large foreign rivals in huge global markets.

• A)higher levels of unemployment
• B)economies of scope
• C)economies of unit
• D)a standardized labor force
• E)a centralized set of processes

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Definitions:

BCG Business Portfolio

A matrix developed by the Boston Consulting Group to evaluate the strategic position of a business's brand portfolio and its potential.

SBUs

Strategic Business Units, which are individual units within a larger company that operate like separate businesses, with their own missions and plans.

High-Growth Markets

Markets characterized by rapid expansion and the potential for significant returns on investment, often associated with emerging or innovative sectors.

Market Share

The portion of a market controlled by a particular company or product, often represented as a percentage of total sales within that market.