According to the growth vector matrix these products usually require the firm to make significant investments in research and development and may require significant changes in its organizational structure.
A) New products
B) Repositioned products
C) Improved products
D) Additions to existing products

Question

Quizplus · Accepted Answer

New products, as defined in the growth vector matrix, usually require the firm to make significant investments in research and development and may require major changes in its organizational structure.

According to the Growth Vector Matrix These Products Usually Require