Asked by Rajkishore Mishra on May 03, 2024

verifed

Verified

SanDisk's MP3 player product line (called the Sansa)has a low relative market share. The MP3 player market is expected to decline over the next few years. In Boston Consulting Group (BCG)portfolio analysis, the Sansa would be considered a dog.

Market Share

The percentage of an industry's sales that a particular company secures over a specific time period.

Boston Consulting Group (BCG)

A global management consulting firm known for its expertise in business strategy and the development of the BCG matrix.

Portfolio Analysis

An assessment method used by businesses to evaluate the different elements of their product range to optimize strategic decisions.

  • Understand the basic premises of the Boston Consulting Group (BCG) portfolio analysis including categorizations like "dog".
verifed

Verified Answer

GS
Gurdeep Singh-GuriMay 10, 2024
Final Answer :
True
Explanation :
According to BCG portfolio analysis, a product with low relative market share and in a declining market would be classified as a "dog."