Day: October 21, 2017

Business Studies Multiple Choice Question – 21 October 2017

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

A cash cow product in the Boston Matrix?

Select ONE answer:

  1. Has low sales in a slow-growth market
  2. Has low sales in a high-growth market
  3. Has high sales in a slow-growth market
  4. Has high sales in a high-growth market
  5. Has no sales

Give a real-life example of a cash cow product and explain why it is one:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS5 classes.

The answer is 3 – Cash cows are low-growth products with a high market share. These are mature, successful products with relatively little need for investment. They need to be managed for continued profit – so that they continue to generate the strong cash flows that the company needs for its Stars.

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