Because Cie de Saint-Gobain of France is Europe's leading distributor of building materials in the high-growth building industry,it is an example of a cash cow.

Question

Quizplus · Accepted Answer

A cash cow refers to a business or product with a large market share in a mature industry, generating steady cash flow. High-growth industries typically do not have cash cows, as they are still expanding and not yet mature.

Because Cie De Saint-Gobain of France Is Europe's Leading Distributor