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In the Boston Consulting Group (BCG)model for Analysis of a Firm's

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In the Boston Consulting Group (BCG) model for analysis of a firm's strategic business units,or SBUs,the horizontal axis reflects


Definitions:

Reaction

A process in which substances known as reactants undergo chemical change, producing new substances called products.

Equilibrium Constant

A numerical value that expresses the ratio of products to reactants at equilibrium for a given chemical reaction, indicating the extent to which a reaction proceeds.

Reaction

A reaction is a process in chemistry where one or more substances, the reactants, undergo a transformation to form one or more different substances, the products.

Product Concentration

The amount of a substance per defined space; typically refers to the amount of a reactant or product in a solution or reaction mixture.

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