Ansoff Has Provided a Product/market Growth Matrix Which Denotes Possible

question 15

Multiple Choice

Ansoff has provided a product/market growth matrix which denotes possible strategic directions that an organization can follow. Which of the following statements correctly describe the strategic options generated by the matrix? (Choose all that apply.)

• A) Diversification using new products in new markets.
• B) Product development using new products in new markets.
• C) Market development using existing products in new markets.
• D) Market penetration using existing products within existing markets.
• E) Market penetration using existing products in new markets.
• F) Market penetration using new products within existing markets.

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Definitions:

Blue-Collar Workers

Employees performing manual labor, often in industries such as manufacturing, construction, and maintenance.

Workplace Hazardous Materials Information System

A comprehensive system providing information on the safe use, storage, handling, and disposal of hazardous materials in the workplace.

Common Information System

An integrated platform that allows for the sharing and management of data across different departments or entities within an organization.

Dangerous Work Activities

Tasks or operations in the workplace that pose a significant risk of injury or harm to employees.