Peter is consulting someone who sells commercial real estate. Peter wants to make sure he's in a good place business wise and that it is the best time before he makes the purchase for a new building. By consulting the agent, he can get a better understanding of when the right time to purchase will be.
Answer:
Option A Stars
Explanation:
The reason is tha according to Boston Consulting Models the Business Units that possess high growth potential and this has been proven by capturing the market share with a good market share growth is Star. The business units like Star are the key to success and the businesses which possesses such business units must invest on it to expand its operation and further increase its market share to be a leader in the market.
For a cosmetics company, external factors which will be particularly important to study is the social factor.
<h3>What is an external factor of business?</h3>
External factor of business refers to factors that affect the operations of the business from outside sources. These factors are uncontrollable in nature which can create both positive and negative impacts on success.
A cosmetics company should study the social factors which include the buying habits of customers regarding products, advancement of technology, and the response of the customers towards change.
Income level and education are also considered social factors which can impact the success of any cosmetics company.
Learn more about social factors, here:
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