Boston Matrix Flashcards

1
Q

What are the 4 elements?

A

Stars

Cash cows

Dogs

Question marks / problem child

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2
Q

Stars are?

A

High market growth

High market share

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3
Q

Cash cows are?

A

Low market growth

High market share

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4
Q

Dogs are?

A

Low market growth

Low market share

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5
Q

Question marks / problem children are?

A

High market growth

Low market share

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6
Q

A balanced portfolio of products for a business would contain all except which element?

A

Dogs

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7
Q

An advantage of the Boston matrix?

A

Useful for analysing products the business sells

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8
Q

A key reason for having a balanced portfolio is to?

A

Spread risk

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9
Q

The Boston Matrix helps a business manage its?

A

Product portfolio

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10
Q

What is a limitation of the Boston Matrix?

A

High market share does not always mean high profits

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11
Q

What does the Matrix help a business do?

A

Focus on products with the most potential

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