The often-used strategic planning tool, which is based on the philosophy that a product's market growth rate and its market share are important considerations in determining marketing strategy is known as

The often-used strategic planning tool, which is based on the philosophy that a product's market growth rate and its market share are important considerations in determining marketing strategy is known as


a. Boston Consulting Group Matrix.

b. Strategic Imperative Matrix.

c. Strategy Planning Tool.

d. Strategic Growth Matrix.


Answer: a. Boston Consulting Group Matrix.


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