Several years ago,Black & Decker purchased General Electric's small appliances product line.Black & Decker purchased the line because it needed the cash generated from a product line that had a dominant market share in the slow-growth small appliance industry.GE's small appliances product line is MOST LIKELY a __________ for Black & Decker.

Question

Quizplus · Accepted Answer

Since the product line had a dominant market share in a slow-growth industry, it was likely generating significant cash for GE. Black & Decker purchased the line specifically for this reason, suggesting that the product line was a cash cow for GE and would continue to generate steady profits for Black & Decker.

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