Ajax Corp.has a subsidiary, Ajax TV Products, which makes cable television converter boxes.This division has provided the parent company with a steady revenue stream for over thirty years.It is expected to continue its contribution to revenue as more consumers adopt its newest product, digital video recorders.Ajax TV Products most likely would be classified as a ____________.
A) Star
B) Cash cow
C) Dog
D) Problem Child
E) Top Gun

Question

Quizplus · Accepted Answer

Ajax TV Products has been providing a steady revenue stream for over thirty years and is expected to continue to contribute to revenue with its newest product. This indicates that it is a well-established product with a high market share, making it a cash cow.

Ajax CorpHas a Subsidiary, Ajax TV Products, Which Makes Cable Television