Questions
Single choice
Question at position 3 A major media conglomerate recently invested significant capital into a new streaming platform focused solely on live, interactive sports documentaries, a segment where they have no previous presence and the market is highly uncertain. Using the Boston Consulting Group (BCG) Matrix, how would this new business unit most likely be classified in the short term?StarCash CowDogQuestion Mark
Options
A.Star
B.Cash Cow
C.Dog
D.Question Mark
View Explanation
Verified Answer
Please login to view
Step-by-Step Analysis
Question at position 3: A major media conglomerate recently invested significant capital into a new streaming platform focused solely on live, interactive sports documentaries, a segment where they have no previous presence and the market is highly uncertain. Using the Boston Consulting Group (BCG) Matrix, how would this new business unit most likely be classified in the short term?
StarCash CowDogQuestion Mark
Option 1: Star — This category describes a high-growth, high-market-share business. In the BCG Matrix, stars typically require substantial investment to maintain their growth and to defend or expand their leading position. However......Login to view full explanationLog in for full answers
We've collected over 50,000 authentic exam questions and detailed explanations from around the globe. Log in now and get instant access to the answers!
Similar Questions
Question at position 14 Starbucks uses a portfolio strategy in managing its diverse business segments. Tea has a low market share in the portfolio, however, is a growing market. This type of product would be best described as a Cash cowQuestion markStarDog
A product that is in a high-growth market but has a low market share would be classified as a __________ on the BCG matrix.
From which quadrant in the BCG matrix are unsuccessful products in popular new product categories likely to exit?
Using the BCG Matrix, Coca-Cola reviews its product portfolio. Diet Coke has low share in a declining market, while Coke Zero has high share in a stable, low-growth market. What should Coca-Cola do?
More Practical Tools for Students Powered by AI Study Helper
Making Your Study Simpler
Join us and instantly unlock extensive past papers & exclusive solutions to get a head start on your studies!