In Terms of the GE Grid,a Product That Is Sold

question 22

Multiple Choice

In terms of the GE grid,a product that is sold in an attractive market and represents a strong product for the company would be similar to a _____ in the BCG matrix.

• A) Dog
• B) Question mark
• C) Category killer
• D) Star
• E) Cash cow

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Definitions:

Decertification Election

A legal process where workers vote to remove the representation of a labor union in their workplace, effectively ending the union's authority to negotiate on their behalf.

Track Record

The history of performance, achievements, or the reliability of an individual, organization, or product over a period of time.

Contract Expires

The moment when a formal agreement, particularly relating to employment or services, reaches its end date and is no longer in effect unless renewed.

Secondary Boycott

A form of protest in which a union refuses to work for, or urges others to boycott, companies that do business with an employer it is in dispute with.