If Toddler Toys Inc. has products that the Boston Consulting Group would identify as dogs, which of the following would be the best strategy for Toddler Toys?

Question

Quizplus · Accepted Answer

Retrenchment is the best strategy for Toddler Toys because dogs are products with low growth in a low-growth market. Retrenchment involves reducing or eliminating investment in these products, freeing up resources for other areas of the business with more potential for growth and profitability.