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Heather has been assessing a number of her firm s products using the boston consulting

Heather has been assessing a number of her firm's products using the boston consulting group (bcg) approach to portfolio analysis. she has been trying to assess the strength in a particular market and is looking at the sales of the product and the overall market as well as the sales of competitors. heather is trying to determine
a. the product's relative market share.b. the market growth rate.c. a source of competitive advantage.d. the impact of population shifts on future demand.e. cash equivalent values for each product.
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719729
719729
4,5(73 marks)

Surplus

Explanation:

Surplus refers to the situation where the quantity of goods and services available exceed the consumers' requirements. It is when a person, an organization, or a country has more of a product or service than they can consume.  A surplus results in either storage of the excess commodity or exporting to other countries.

A surplus is when supply exceeds demand.  A surplus is an excess supply.

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