According to the growth-share matrix, __________ are high-share, high-growth products. when the market growth slows these produc

Question

valina [46]

2 years ago

14

According to the growth-share matrix, __________ are high-share, high-growth products. when the market growth slows these produc

ts become __________.

Business

1 answer:

laila [671] · Answer 1 · 2023-10-23T22:03:59+03:00

According to the growth-share matrix, STARS are high-share, high-growth products. when the market growth slows these products become CASH COWS.

<h3>What does marketing's growth share matrix mean?</h3>

The reasoning behind the growth share matrix is that market leadership yields greater profits that are sustainable. In the end, the market leader achieves a cost advantage that is tough for rivals to match. The markets with the most development potential are then indicated by these high growth rates.

Building a Growth-Share Matrix

Build a matrix. Make a grid of two by two boxes.
Establish categories. Put a dog in the lower right box, a question mark in the upper right box, a cow in the lower left box, and a star in the upper right box.
Include labels.
Determine your finances.
Make judgments.

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