Several years ago, Black & Decker purchased General Electric's small appliances product line.Black & Decker purchased the line because it needed the cash infusion from a product line that had a dominant market share.The small appliance industry is a slow-growth one.The small appliances product line is most likely a __________ for Black & Decker.

Question

Quizplus · Accepted Answer

The small appliances product line had a dominant market share, indicating that it was likely generating a significant amount of revenue for General Electric. Black & Decker purchased the line because it needed the cash infusion. This implies that the small appliances product line was likely a cash cow for General Electric, and it is most likely still a cash cow for Black & Decker, providing a steady stream of income with little need for investment or further development.

Several Years Ago, Black & Decker Purchased General Electric's Small