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Alja [10]
3 years ago
11

A product that is in a high-growth market but has a low market share would be classified as a ________ on the bcg matrix.

Business
2 answers:
g100num [7]3 years ago
5 0

Answer:

question mark

Explanation:

A product that is in a high-growth market but has a low market share would be classified as a <u>question mark</u> on the Boston Consulting Group (BCG) matrix.

According to the BCG matrix, products or businesses with a high market share in a high- growth market are classified as stars often need heavy investment to finance their rapid growth in a market.

Question marks include higher investments and less profits.

finlep [7]3 years ago
4 0

A product that is in a high-growth market but has a low market share would be classified as a question mark on the Boston Consulting Group (BCG) matrix.

Question marks consume huge amounts of money but they do not generate a lot of cash.

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