Unit 6: Strategic Management
Topic 6.4: Porter's Generic Strategies Questions
Practice 20 exam-style questions for IB Business Management Topic 6.4. Review the question stems below, then unlock the full Question Bank to access markschemes, model answers, and AI grading.
1define2 marks
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Define relative market share.
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Outline how to calculate relative market share.
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State what the BCG (Boston Consulting Group) matrix is used for.
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Outline the two dimensions used in the BCG matrix.
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Outline how to calculate relative market share.
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Define a “Cash cow” in the BCG matrix.
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State the first step when constructing a BCG matrix for a business with multiple products.
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Define a “Cash cow” in the BCG matrix.
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Define a “Question mark” product in the BCG matrix.
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Define a “Dog” product in the BCG matrix.
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State what the BCG (Boston Consulting Group) matrix is used for.
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Outline the two dimensions used in the BCG matrix.
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Define a “Star” product in the BCG matrix.
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Define a “Star” product in the BCG matrix.
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Define a “Question mark” product in the BCG matrix.
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Define a “Dog” product in the BCG matrix.
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State the first step when constructing a BCG matrix for a business with multiple products.
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Define relative market share.
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Unlock Question19explain4 marks
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Explain how bubble size is sometimes used when constructing a BCG matrix.
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A product has 30% market share. The largest competitor has 20%. Calculate the relative market share.
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