The Ansoff Matrix Presents a Number of Strategies

question 10

Multiple Choice

The Ansoff matrix presents a number of strategies. The "penetration" strategy describes when the firm decides to focus on ________________.

• A) present markets/new products
• B) present markets/present products
• C) new markets/present products
• D) new markets/new products
• E) diversifications through acquisition

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Definitions:

Breakdown Maintenance

The practice of repairing or fixing equipment and machinery only after it has failed or broken down, as opposed to performing regular preventative maintenance.

MTBF Distribution

MTBF (Mean Time Between Failures) Distribution is a statistical representation of the expected performance or reliability of a system, indicating the average time between failures.

Standard Deviation

A measure of the dispersion or variation in a set of values, indicating how spread out the values are from the mean.

6-Sigma Standards

A set of quality management techniques and tools aimed at reducing the probability of defects and variability in manufacturing and business processes to improve performance.