Final answer:
Garbled Time is best described as a 'Question Mark' in the BCG Matrix due to its modest market share within a high-growth industry, requiring significant investment to improve its position.
Step-by-step explanation:
Garbled Time, a strategic business unit of Polex Watches, can be best described as a 'Question Mark' or 'Problem Child' according to the Boston Consulting Group (BCG) Matrix. This categorization is based on it having a modest market share within a high-growth industry. For Garbled Time to maintain and potentially increase its market position, Polex Watches must continuously invest to keep up with the growth potential of the industry and to gain a competitive edge.
Organizations typically use the BCG Matrix to manage their portfolio of businesses by categorizing them into four quadrants - Stars, Cash Cows, Question Marks, and Dogs - based on their market share and the growth rate of the industry they are operating in. As Garbled Time falls under a high-growth industry but has a low market share, it is advised that Polex Watches carefully assess whether the required investment will likely lead to an increase in market share, turning Garbled Time into a 'Star', or if the investment would be better placed elsewhere.