JTR Recording Company plans to close down a division that makes classical music cassette tapes.The demand for this type of recording has dwindled to the point that the cassette division is barely at break even in terms of revenue.Mostly likely the cassette division would be classified as a ____________.

Question

Quizplus · Accepted Answer

A dog is a term used to describe a business unit with a low market share in a low-growth industry. Since the demand for classical music cassette tapes has dwindled to the point where the division is barely at break even in terms of revenue, it is clear that it does not have a high market share, and the industry is not growing. Therefore, the cassette division is most likely a dog.

JTR Recording Company Plans to Close Down a Division That