Question

About 20 years ago, sturdy light, inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. sturdy light became a leader in this market. eventually, the backpack market reached the maturity stage and slowed down. however, by this time, sturdy light had developed a strong brand name and continued to steadily lead the market. which of the following describes this scenario?

a. sturdy light was a star that developed into a cash cow.
b. sturdy light was a question mark that developed into a star.
c. sturdy light was a dog that developed into a question mark.
d. sturdy light was a cash cow that developed into a star.

Answer 1

Answer: d. Sturdy Light was a cash cow that developed into a star

Step-by-step explanation:

Sturdy Light Inc entered the market when the market was rapidly growing, the study, lightweight backpack product generated huge amounts of revenue which made Sturdy Light inc a cash cow because of the success of its products in the market. when the company eventually became a leader in the market Sturdy Light inc became a star, even when the product reached its maturity the company continued to be a leader in the market