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 ▸

Define a franchise and explain the benefits to becoming a franchisee.


Identify and Explain two reasons why company X might want to enter new markets.


What is the difference between a private limited company and a public limited company?


Explain one disadvantage of a sole trader having unlimited liability