Models Flashcards

1
Q

What are the 4 sections of the Boston’s matrix model?

A

Stars,cash cows,Dogs,problem child

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2
Q

What is it used for

A

Enables a business to analyse its product portfolio

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3
Q

What are cash cows

A

These products have a high percentage market share in a low growth market

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4
Q

What are dogs

A

Are goods with a low percentage market share in a low growth market

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5
Q

What are stars

A

Products that have a high percentage market share in a high growth market

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6
Q

What is a problem child (question marks)

A

Low percentage market share in a high growth market

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