Which One of the Following Describes Ansoff's Matrix Market Development

question 2

Multiple Choice

Which one of the following describes Ansoff's Matrix market development strategic option?

• A) new products and new markets
• B) new products and existing markets
• C) existing products and new markets
• D) existing products and existing markets

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Definitions:

Calcium

A chemical element and essential nutrient for the body, crucial for bone health and various cellular functions.

Abbreviation

A shortened form of a word or phrase, used to simplify written or spoken language.

Joint

A location where two or more bones meet, allowing for motion and flexibility.

Abbreviation

A compressed form of a word or phrase.