Fresnas Inc. introduced a new line of smartphones in the market. As it is expected to generate huge profits and needs more financing, the new line of smartphones can be categorized as dogs.

Question

Quizplus · Accepted Answer

This statement is incorrect. Dogs usually refer to products that have low market share in a market that is not growing. Since the new line of smartphones is expected to generate huge profits, it cannot be categorized as a dog. It may fall under the category of stars or question marks in the BCG matrix.