Which of the Following Is Characteristic of a Business Classified

question 59

Multiple Choice

Which of the following is characteristic of a business classified as a star by the BCG matrix technique?

• A)Has a large share of a low-growth market
• B)Requires large amounts of short-run cash support
• C)Requires little money for growth and expansion
• D)Will probably be divested by the corporation
• E)Has the potential to achieve a large market share in the future

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Definitions:

Sum of Squares for Treatments

A statistical calculation that measures the total variation attributable to different treatments or groups in an experiment.

Sample Means

The average value of a set of data samples taken from a larger population.

One-way ANOVA

A statistical test used to compare the means of three or more independent groups to see if at least one mean is different from the others.

Population Means

Refers to the average values obtained from distinct and entire groups within a dataset or statistical model.