A ________ Is a Business That Has a Weak Competitive

question 113

Multiple Choice

A ________ is a business that has a weak competitive position but is in a high-growth industry.

• A) cash cow
• B) dog
• C) star
• D) problem child

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Definitions:

Industrial Concentration

A measure of the extent to which a relatively small number of firms occupy a large market share within an industry.

Nash Equilibrium

A concept in game theory where no player can benefit by changing strategies if other players keep theirs unchanged.

Game Theory

The study of mathematical models of strategic interaction among rational decision-makers.

High-Tech Revolution

A period characterized by rapid and profound technological advancements, significantly impacting industries and society.