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

Actual exam question for CIMA's CIMAPRA19-E01-1 exam

Question #: 71
Topic #: 3

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?

ACash cow

BStar

CQuestion mark

DDog

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Suggested Answer: A, B, C

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

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Princess

1 months 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

6 days ago

I think it has a lot of potential to become a 'Cash cow' in the future.

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Catalina

13 days ago

It must be generating a lot of revenue to be considered a 'Cash cow'.

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Carlota

16 days ago

I agree, this product is definitely a 'Star' in the market.

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Laurena

2 months 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

11 days 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

11 days ago

'Cash cow' could also be a possibility since the product has high market growth and share.

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Simona

12 days 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

2 months 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

18 days 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

20 days 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 months 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

2 months ago

I believe it could also be a cash cow, given its high market share.

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Merri

2 months 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

2 months ago

Yeah, I think 'Cash cow' makes sense too. It's in a strong position in the market.

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Princess

2 months 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

2 months ago

I agree with Naomi, the product has high market growth.

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Naomi

2 months ago

I think the product is a star.

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Christiane

2 months ago

I believe it might be a cash cow soon, considering its success.

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Clorinda

2 months ago

I agree with Joanna, the product has high market growth and share.

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Arminda

2 months 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

3 months ago

I think the product is a star.

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