According to the BCG Matrix, "Cash Cows" Are Described as Which

question 33

Multiple Choice

According to the BCG matrix, "Cash Cows" are described as which of the following?

• A)Market leaders in high growth markets
• B)Products with a high market share in low growth markets
• C)Products that have absorbed large amounts of cash in their launch; however, little or no gains have been made in terms of market share
• D)Weak products that compete in low growth markets

---

Definitions:

Business Strategy

It's a plan of action designed by business leaders to achieve competitive advantage and successfully compete in the market.

Average Total Cost

The total cost of production divided by the number of units produced, indicating the average cost per unit of output.

Competitive Market

An economic scenario where numerous producers and consumers interact, ensuring prices are determined by supply and demand forces without significant influence by any single participant.

Sunk Costs

Expenses that have been incurred and cannot be recovered, regardless of future actions.