wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

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


A

Market sentiment

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Market growth rate

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C

Brand image

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

Relative market share

No worries! We‘ve got your back. Try BYJU‘S free classes today!
E

Return on marketing investment

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
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.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Market Interventions and Policy Failures
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon