The biotechnology industry has experienced rapid growth in recent years.One of the companies at the forefront of research on diseases and insect-resistant seeds is Biocore's biotech division.The success of this division has led to many economists calling it one of the leading firms in the market.In terms of the BCG Portfolio Model,Biocore's biotech division is a _____.
A)dog
B)cash cow
C)question mark
D)star

Question

Quizplus · Accepted Answer

Biocore's biotech division is at the forefront of research and is considered one of the leading firms in the market, indicating that it has a high market share and high market growth, which is indicative of a star in the BCG Portfolio Model.

The Biotechnology Industry Has Experienced Rapid Growth in Recent Years