Strategic business units that compete in a low-growth market but hold considerable market share are called <u>Cash Cows</u> because their earnings and cash flows are high and stable.
<h3>What is the Cash Cow?</h3>
The cash cow is a quadrant in the BCG matrix that shows that a unit has a consistently profitable business and possesses the following characteristics:
- Competes in a low-growth market.
- Holds considerable market share.
- High and stable cash flows and earnings.
Thus, the strategic business unit with the above characteristics is a <u>cash cow</u>.
Learn more about the BCG matrix at brainly.com/question/26633615
Answer:
<u>Leading by example</u>
Explanation:
Chief financial officer Barry submits travel and expenses reports that are completely genuine and encourages employees in his division to always give accurate and correct information . Barry is using the ethical initiative called <em><u>leading by example.</u></em>
Leading by example is a good quality of any leader . When a leader explain or tell anything to its team by using examples then it motivates the team , they thought that when he/she ( the person used in example) can do , then they also can do this. The leaders who used leading by example quality will make themselves as well as his team to follow him. These is a good technique to strengthen and inspire the people. It is the responsibility of the leader to guide their teams .
Answer: The Production Possibilities Curve (PPC) is a model that captures scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services. Points on the interior of the PPC are inefficient, points on the PPC are efficient, and points beyond the PPC are unattainable.
Answer: Listen to the consumer
Explanation: In simple words, the employees working at the cancellation desks are the parts of customer relationship management. CRM involves interacting with the customers and providing them best service so that they enjoy a healthy experience with the organisation.
In the case of flight cancellation, the employees should listen to them properly as if in extreme cases any kind of alternative is possible then such customer must be helped.
