the three fitness apps that under armour acquired are industry leading apps, with large user bases, in the fast-growing market of fitness tracking software and services. these apps would be classified as in the bcg portfolio matrix.

Respuesta :

The apps stated above will be marked as Stars on Under Armours BCG matrix.

What is Growth Matrix?

Simply described, the growth share matrix is a portfolio management framework that aids firms in selecting which of their several businesses to emphasize. There is a table with four quadrants, each with a different symbol that denotes a different level of profitability: question marks, stars, pets (typically a dog), and cash cows.

What is a BCG Matrix?

A business tool you may use to build strategic, long-term goals for investments in competitiveness and market attractiveness is the BCG matrix, commonly known as a growth/share matrix.

What do STARS mean on the BCG Growth-Share Matrix?

On the growth matrix, any product that is predicted to grow quickly and that accounts for a sizable share of the market are referred to as a "Star."

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