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Question

Which of the following criteria provides a measure of market attractiveness in the Boston Consulting Group approach?


A

Market sentiment

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B

Market growth rate

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C

Brand image

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D

Relative market share

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E

Return on marketing investment

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Solution

The correct option is B

Market growth rate


Answer B. Market growth rate

Explanation: Market growth rate is the rate at which a market’s size is expanding. This is generally communicated as a percentage for every annum. Market growth examinations are an essential indicator of the advancement of a business. The market development rate is a critical factor to be viewed while ascertaining the improvement of a particular item in a specific market.


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