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Business, 02.03.2020 21:18 benwill0702

Faced with rapidly growing business, Swift Stocks, Inc., a global brokerage company with the largest market share, recently announced that it has established an online stock investment and trading subsidiary, SS, where investors can trade stocks at the lowest rates in the industry. The subsidiary has less than one percent market share, but it faces a very high business growth rate. In the brokerage industry, the competition is fierce and all players are cutting their online commission rates. If Swift Stocks' traditional brokerage business were to face a declining business growth, it may need to be reclassified as a on the BCG matrix.

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