Theme 3 lesson 5 - Boston matrix Flashcards
1
Q
What is the Boston matrix
A
Portfolio analysis of a product based on market growth and share
2
Q
What are the 4 sections of the Boston Matrix
A
Cash cow, star, question mark, dog
3
Q
What section has high market growth and high market share
A
Star
4
Q
What section has high market growth and low market share
A
Question mark
5
Q
What section has low market growth and low market share
A
Dog
6
Q
What section has low market growth and high market share
A
Cash cow
7
Q
What are advantages of using the market share
A
Determine future of a product, market share measured against market leader, analyses future problems/opportunities
8
Q
A