Linda imports fine art paintings and photographs that she sells to hotels.When the dollar is weak against foreign currencies,she struggles to cover her costs.Business has increased 400% in the last five years.With additional resources,she believes she can expand into profitable hospitals and nursing home markets.According to the BCG matrix,Linda's business is a representation of dog strategy.

Question

Quizplus · Accepted Answer

The given information does not provide enough insight to determine that Linda's business is a dog strategy as per the BCG matrix. The BCG matrix is an analysis tool for businesses, which categorizes them into 4 different types: dogs, cash cows, stars, and question marks, based on their market growth rate and relative market share. The given information does not provide any such data to categorize Linda's business into any of these categories.

Linda Imports Fine Art Paintings and Photographs That She Sells