The growth-share matrix defines four types of sbus: Cash cows are low-growth, high-share businesses or products.
Each of the four quadrants represents a particular combination of relative market share, and growth: Low Growth, High Share High Growth, High Share. Stars are high-growth, high –share businesses or products.
They often need heavy investments to finance their zoom. The market rate varies from industry to industry but usually shows a cut-off point of 10% – growth rates more than 10% are considered high, while growth rates below 10% are considered low.
Low market share business is a smaller amount than half the industry leader's share, and successful companies are those whose five-year average return on equity surpasses the industry median.
Growth-share business matrix may be a business tool, which uses relative market share and industry rate of growth factors to guage the potential of business brand portfolio and suggest further investment strategies.
The BCG matrix relies on Industry rate and relative market share. BCG matrix may be a framework created by Boston Consulting Group to guage the strategic position of the business brand portfolio and its potential.
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If the steps are small, a step-variable cost may be approximated using a Variable cost function without significant loss in accuracy.
<h3>Variable cost function</h3>
- An expense for the company that varies according to how much is produced or sold is called a variable cost.
- Depending on a company's production or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.
- It is a production cost whose level fluctuates in response to shifts in a business's manufacturing activities.
- For instance, the raw materials required to make a product's components are regarded as variable costs because they frequently change depending on the volume of units produced.
- The total variable cost curve depicts the relationship between total variable cost and the volume of output produced graphically.
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Answer:
In economics, nominal value refers to the current monetary value and does not adjust for the effects of inflation
Explanation:
To learn about different careers, doing extracurricular activities can be beneficial for they are activities that could be either volunteered and are of outside of the school. These activities could help in learning different careers for the student could interact with people that he or she meets in the activities that the student is involved in. Job shadowing could also be helpful in learning different careers for it allows an individual to join someone who is working and observe them or learn more about their job description or their work. Lastly, internship is also a way of leaning careers for it is a way of introducing a person of the tasks that he or she could tackle when he or she thinks of taking a specific job in relation to it. The answer that is not included would be tv sitcom for they focus more on television shows that does not discuss about learning careers.
The answer is effectiveness lag. The effectiveness lag is
where the desired result that they are waiting for is based on the amount of
time that it would take in terms of the monetary policies or the fiscal effect
to produce.