Related Questions
Related Questions
Which strategy in the ansoff product market Growth Matrix combines new markets and new products?Diversification. The fourth and final segment in the Ansoff Matrix is diversification, and it poses the most risk to businesses. This growth strategy involves an organization that wants to enter new markets with new products, services or other offerings.
What is a company's ultimate goal?The ultimate goal of any corporation is to make money. Money is generally made at the expense of some other corporation or in business speak: “taking someone else's share” or “creating a need or want” in the market. For the most part companies of today falsify what is “needed” or “wanted” in the market…
Which strategy in the ansoff product market Growth Matrix is the riskiest quizlet?international expansion. This is risky because it can be easier to develop the existing product than to find new customers. The most risky growth strategy in the matrix. It involves selling new products to new markets and requires large amounts of investment as well as new expertise.
Which order is correct for the marketing framework?In particular, they're often referred to in the order "place, price, product, promotion."
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