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Growth Strategies
Plans implemented by organizations to increase their size, revenue, or market share through diversification, market penetration, product development, or market development.
Ansoff Matrix
A framework used to identify a company’s strategic options for growth by assessing products and markets.
Markov Model
A statistical model that predicts future states based on the current state, often used in machine learning and economic forecasting.
Diversification Strategy
A business approach that involves entering into new markets or introducing new products or services to spread risk and opportunities for growth.
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