Theme 1.3.5 Flashcards

1
Q

Boston Matrix

A

analyses a product portfolio according to the growth rate of the market and the relative market share of products within the market

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2
Q

extension strategies

A

methods used to prolong the life of a product

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3
Q

marketing strategy

A

a set of plans that aim to achieve a specific marketing objective

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4
Q

product lines

A

a group of products that are very similar

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5
Q

product portfolio

A

the collection of products a business is currently marketing

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