Examlex
Name and briefly explain the six phases of system analysis and design.
Question Mark
In the context of business, a Question Mark refers to products in the Boston Consulting Group matrix that have low market share in high-growth markets, indicating uncertainty.
Boston Consulting Group
A global management consulting firm known for its expertise in business strategy, including the development of the growth-share matrix, which helps companies with portfolio management.
Stars
Objects in space consisting of hot plasma emitting light, or in a business context, products or business units with high market share in fast-growing industries.
Dogs
In the context of the BCG Matrix, business units or products that have low market share in a mature, slowly growing industry, suggesting they may generate just enough cash to maintain themselves.
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