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CIMAPRA19-E01-1 Exam - Topic 3 Question 71 Discussion

ABCompany has recently produced a very successful brand of washing powder which has achieved high market growth and a high market share. According to the Boston Consulting Group (BCG) matrix what is the product's next stage of development?
A) Cash cow and B) Star and C) Question mark
D) Dog

CIMAPRA19-E01-1 Exam - Topic 3 Question 71 Discussion

Actual exam question for CIMA's CIMAPRA19-E01-1 exam
Question #: 71
Topic #: 3
[All CIMAPRA19-E01-1 Questions]

ABCompany has recently produced a very successful brand of washing powder which has achieved high market growth and a high market share. According to the Boston Consulting Group (BCG) matrix what is the product's next stage of development?

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Suggested Answer: A, B, C

by Cyril at Jul 09, 2023, 05:57 AM

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Tasia
10 months ago
BCG says high growth + high share = cash cow!
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Kristofer
10 months ago
Wait, are we sure it's not a question mark?
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Denae
10 months ago
Cash cow makes sense, high share and growth!
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Tamar
10 months ago
I think it's still a star, though.
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Theola
10 months ago
Definitely a cash cow!
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King
11 months ago
I thought Question Marks were for products with high growth but low market share. So, this must be a Star.
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Almeta
11 months ago
I'm not entirely sure, but I feel like a Cash Cow is what comes after a Star once the growth slows down.
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Pansy
11 months ago
I remember practicing a similar question, and I think Stars are the ones that need investment to maintain their position.
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Lili
11 months ago
I think if the product has high market growth and high market share, it should be a Star, right?
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Germaine
11 months ago
Ah, I remember learning about this in my computer architecture class. I'm pretty sure the correct sequence is BIOS, MBR, POST, then the kernel. Option C looks right to me.
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Denny
11 months ago
Okay, I've got this. Fusion Insight HD is a big data platform, so it's likely to support common data sources like Avro, HBase, and Kafka. I'll go with those options and see how it goes.
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Edwin
11 months ago
I'm a bit confused about printed data; it doesn't seem to fit in with the flow like the others do.
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Princess
1 year ago
Woof! As a 'Dog' myself, I can tell you that this product is definitely not in that category. Sounds like a real 'Star' to me!
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Erasmo
1 year ago
I think it has a lot of potential to become a 'Cash cow' in the future.
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Catalina
1 year ago
It must be generating a lot of revenue to be considered a 'Cash cow'.
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Carlota
1 year ago
I agree, this product is definitely a 'Star' in the market.
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Laurena
1 year ago
Haha, definitely not a 'Dog'! That would mean the product is a dud, and we know it's been a huge success. I'm going with 'Star' on this one.
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Domitila
1 year ago
I think 'Question mark' could be a good option too, considering the uncertainty of future growth in the market.
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Shaquana
1 year ago
'Cash cow' could also be a possibility since the product has high market growth and share.
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Simona
1 year ago
I agree, 'Dog' doesn't make sense for a successful product like this. 'Star' seems like the right choice.
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Sabrina
1 year ago
I'm not so sure about that. If the product is just recently successful, wouldn't it still be in the 'Question mark' stage, where it has high growth potential but a lower market share?
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Tammara
1 year ago
I'm not so sure about that. If the product is just recently successful, wouldn't it still be in the 'Question mark' stage, where it has high growth potential but a lower market share?
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Becky
1 year ago
Actually, I believe it would be classified as a 'Cash cow' because it is already a successful product with a high market share.
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Mireya
1 year ago
I think it would be considered a 'Star' at this point, since it has high market growth and a high market share.
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Ezekiel
1 year ago
I believe it could also be a cash cow, given its high market share.
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Merri
1 year ago
I'm leaning towards 'Cash cow' here. The product has already achieved high growth and market share, so it's probably at the point where it's generating a lot of cash for the company.
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Sharee
1 year ago
Yeah, I think 'Cash cow' makes sense too. It's in a strong position in the market.
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Princess
1 year ago
I agree, 'Cash cow' seems like the right choice. It's definitely bringing in a lot of cash for the company.
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Bong
1 year ago
I agree with Naomi, the product has high market growth.
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Naomi
1 year ago
I think the product is a star.
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Christiane
1 year ago
I believe it might be a cash cow soon, considering its success.
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Clorinda
1 year ago
I agree with Joanna, the product has high market growth and share.
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Arminda
1 year ago
Hmm, I think the product is a 'Star' according to the BCG matrix. It's experiencing high growth and has a high market share, so that seems like the logical next stage.
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Joanna
1 year ago
I think the product is a star.
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