The telecom sector in Slakavia has been growing at a fast pace in the last few years.Rex Telecom is the market leader in the Slakavian telecom market.In the context of the Boston Consulting Group (BCG)matrix, this firm is a:
A)star.
B)cash cow.
C)dog.
D)question mark.
E)neutral factor.

Question

Quizplus · Accepted Answer

The BCG matrix categorizes companies into four categories based on their market share and market growth rate. Rex Telecom, being the market leader in the fast-growing Slakavian telecom market, is likely to be a star. Stars have a high market share in a fast-growing market, which usually means high profits. Therefore, Rex Telecom has the potential to generate significant returns and is a star.

The Telecom Sector in Slakavia Has Been Growing at a Fast