Identify and describe the 4 elements of the Boston Matrix.
The four elements are star products, cash cows, problem children and dogs. Star products have a high market share in a fast growing market, cash cows have a high market share in a slowly growing market, problem children have a low market share in a fast growing market and dogs have a low market share in a slowly moving market.
LB
Related Business Studies GCSE answers
All answers ▸What are the forms of business ownership?
Explain two benefits to a business of ensuring the protection of their employees’ health and safety.
John runs a sandwich shop in his local village and has 4 employees. Which of the following represents a variable cost to John? i) Insurance of the shop ii) Wages paid to his employees iii) Rent to the landlord iv) Gas due to heating
What is the difference between Supply and Demand? How do they work together?