share but in a low growth market. They are successful, established products that won't
require much investment
Boston matrix - stars - CORRECT ANSWERS-HIGH market share
HIGH market growth
needs investment to be profitable
Boston matrix - question marks - CORRECT ANSWERS-low market share, high market
growth, little to no profit but could become a star or cash cows as they are in a growth
market
Boston matrix - dogs - CORRECT ANSWERS-LOW market share
LOW market growth
little or no profit
frequency distribution - CORRECT ANSWERS-The number of times a set of values
occur and the spread of occurrences over a range of situations
Measures of dispersion - CORRECT ANSWERS-This is the term given to the spread of
the dataset and there are statistical methods for finding this out
standard deviation - CORRECT ANSWERS-Means the amount that the values vary
beyond the norm.
Quartiles - CORRECT ANSWERS-Put the data in order of size, then divide the values
into four equal parts