In the portfolio matrix, a _____ is in a low-growth market, but the product has a dominant market share; it is an SBU that generates more money than it needs to maintain its market share
a. problem child
b. dog
c. star
d. cash cow
ANSWER: d
A cash cow is an SBU that generates more cash than it needs to maintain its market share. It is in a low-growth market, but the product has a dominant market share.
Business
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A verification of a company's books and records pursuant to federal securities laws, state laws, and stock exchange rules that must be performed by an independent certified public accountant (CPA) is known as a(n) ________
A) probate B) ademption C) audit D) deposition
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OTC-traded derivatives are standardized, and exchange-traded derivatives are customized
Indicate whether the statement is true or false
Business