In the context of the experience curve, what did early work by the Boston Consulting Group show?
A)A company's relative market share was a key indicator of competitive advantage and profit performance.
B)Learning and experience curve slopes tend to be steeper in the later stages of production.
C)The slope of an experience curve is described by the reduction in costs.
D)Scale curves and experience curves tend to be steeper in service industries when compared to manufacturing industries.

Question

Quizplus · Accepted Answer

The early work by the Boston Consulting Group showed that a company's relative market share was a key indicator of competitive advantage and profit performance. This led to the development of the BCG matrix, which categorizes businesses into four quadrants based on their market share and market growth rate.

In the Context of the Experience Curve, What Did Early