Money Cow
A enterprise or product that has a major market share and is accountable for a good portion of a company’s income is known as a money cow (Dang, 2020). A money cow is a services or products that dominates its market regardless of having a comparatively stagnant development potential. Its market share is generally reasonably excessive. This is because of the truth that a money cow is often a longtime enterprise or product, and the market improvement potential is restricted attributable to the truth that the market is at its most capability (Nguyen, 2021). An organization’s money cow is a vital part of its portfolio because it has the potential to generate a constant stream of income and contribute to the financing of recent endeavors or tasks. It’s important for an organization to correctly handle their money cows with a view to be certain that they proceed to create the required quantity of income and to maintain the corporate worthwhile general. Cont…
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