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

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2
Q

What are the 4 sections of the Boston Matrix

A

Cash cow, star, question mark, dog

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3
Q

What section has high market growth and high market share

A

Star

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4
Q

What section has high market growth and low market share

A

Question mark

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5
Q

What section has low market growth and low market share

A

Dog

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6
Q

What section has low market growth and high market share

A

Cash cow

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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

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8
Q
A
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