In the early 1990s,Dean & Summers,Inc.marketed three brands of toilet paper,Coral,White Springs,and Baldwin.The toilet paper industry is typically described as a low growth industry.In 1993,Dean & Summers spent $8.1 million to advertise Coral and was rewarded with sales of over $312 million.In that same year,it spent nearly $8 million marketing White Springs,but the toilet paper had disappointing sales of less than $63 million.Baldwin,with hardly any promotion at all,had $3.6 million in sales.According to the BCG Portfolio Model,which of the following statements about these three products best describes the situation in 1993?
A) Coral is a star, White Springs is a cash cow, and Baldwin is a dog.
B) Coral is a cash cow while White Springs and Baldwin are both question marks.
C) Coral and White Springs are cash cows and Baldwin is a dog.
D) Coral is a cash cow while White Springs and Baldwin are both dogs.
Correct Answer:
Verified
Q2: The BCG matrix identifies _ as SBUs
Q3: Hecter & Gable marketed three brands of
Q3: Which objective allows market share to decline
Q4: The number of labor hours it takes
Q5: According to the BCG matrix,_ are often
Q7: The cellphone market is experiencing rapid growth,but
Q8: In 1997,Apex Medicals sold its chemical products
Q9: According to the General Electric Portfolio Model,what
Q10: The biotechnology industry has experienced rapid growth
Q11: According to the General Electric Portfolio Model,what
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents