One of the Differences Between Stars and Cash Cows Is

question 201

Multiple Choice

One of the differences between Stars and Cash Cows is that

• A) Cash Cows produce high profits.
• B) the strategy for Cash Cows is retrenchment.
• C) Cash Cows have little upside potential.
• D) Cash Cows can easily penetrate expanding markets.
• E) the strategy for Cash Cows is growth.

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Definitions:

Collective Bargaining

A process of negotiation between employers and a group of employees aimed at agreeing on working conditions, wages, and benefits.

Minimum Wage

The lowest legal salary that employers can pay their employees.

Labor Union

An organization of workers that aims to negotiate with employers for better wages, working conditions, and benefits.

Efficiency Wages

A concept in economics where employers pay higher than the market equilibrium wage to increase worker productivity, loyalty, and quality.