Explain why in the BCG Matrix all products start out as questions marks and either end up

Question:

Explain why in the BCG Matrix all products start out as questions marks and either end up as stars, cash cows or as dogs.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Marketing

ISBN: 978-1259030659

3rd Canadian edition

Authors: Dhruv Grewal

See More Books

Question Posted: May 27, 2019 09:40 AM

See More Questions

Explain why, in the Bertrand model of oligopoly with differentiated products, a greater degree of product differentiation is likely to increase the markup between price and marginal cost.
Explain why, in the traditional view of inventory, carrying costs increase as ordering costs decrease.
What strategy should be pursued for a "question mark" in the BCG Matrix, and why?
What Codification citation indicates how unrealized gains or losses from changes in fair value affect net income when investments are classified as available-for-sale?
Find all points on the graph of y = 100/x5 where the tangent line is perpendicular to the line y = x.
Illustrate the seven different types of friezes when they are classified according to their symmetries. Imagine the figure shown to be continued infinitely to the right and left. The symmetry group...
Do analytical efforts, big data examinations, and textual analyses impact compliance and fraud deterrence? Provide an explanation for your opinion.
The TecOne Corporation is about to begin producing and selling its prototype product. Annual cash flows for the next five years are forecasted as: YEAR CASH FLOW 1 ...... $ 50,000 2 ...... $ 20,000...
Sid needs 0.8 meters of canvas material to make a carry-all bag for his wheelchair. If canvas is $11.64 per meter, how much will Sid spend? (Note that $11.64 per meter is the same as $11.64 for one...
On Jan 1 2017, Pelangi Indah Berhad purchased a 12 floor building located in the centre of Johor Bharu city for RM 2.5 million. Professional fees for legal service and property transfer taxes...
What are the four components of the BCG Matrix? When would stars be preferred over cash cows?
How has WestJet created a sustainable competitive advantage?
Differentiate between direct and indirect qualitative research. Give an example of each.
Azalea Seafood Gumbo Shoppe in 2004 John E, Gamble Urlif'CiNily OrS.01,11/7 Vahaina John Addison had just returned from lunch when his partner. Mike Rathle, remarked that Wal-Mart's weekly order for...
What is stage four of the informed citizen to the editorial and make a final judgment on whether or not the editorial violates the standards for the informed citizen. The claim there is a strong case...
You have introduced a standard cost accounting system for FOL. The following standard costs have been developed for the Cattle drench. Direct materials (1 kilogram) $ 20 Direct Labour (.25 hours) $...
A typesetter, on the average, makes one error in every 500 words typeset. A typical page contains 300 words. What is the probability that there will be no more than two errors in five pages? I am...
The unique military culture, for example, unit cohesion, concern for reputation, never leave a man behind, stoicism, how could this present a barrier in entering counseling and being successful in...
The weight (in pounds) for a population of school-aged children is normally distributed with a mean equal to 135 20 pounds (m ). Suppose we select a sample of 100 children (n = 100) to test whether...
Define the term utility software and give two examples.
Does buying Kashi cereal satisfy a consumer's functional or psychological need? How might this information help a Kashi brand manager better promote the product?
When consumers buy a new notebook computer, what sort (internal vs. external) of information search would they conduct? If you were a marketing manager for Sony, how would you use this information?
Explain the factors that affect the amount of time and effort that a consumer might take when choosing an oral surgeon to get his or her wisdom teeth removed. How would your answer change if the...
Given the following Python code: x = 20 while x > 10: #do something x = x 1 How many times this loop will iterate. 10 11 20 20 0
The HTML program is fine I want help to figure out what's wrong with CSS that would not make my website look the same as the picture I provided. @charset "UTF-8"; /* CSS Document for CA3 */ body {...
Consider a twisted pair link of distance 2 km. It is required to compute the amount of received power Pr, assuming the transmit power Pt = 1 Watt and the cable attenuation is 20 dB/km.

Explain why in the BCG Matrix all products start out as questions marks and either end up

Question:

Step by Step Answer:

When looking for market opportunities a company wants to focus on products with high potential The f...View the full answer

Marketing

Students also viewed these Business questions