Which of the following is a useful tool for identifying growth opportunities?
A)the product/market expansion grid
B)the BCG matrix
C)the value delivery network
D)the business portfolio
E)the value chain

Question

Quizplus · Accepted Answer

The product/market expansion grid is a tool that helps identify growth opportunities by visually illustrating different product and market combinations that are available for a business to pursue. It allows a company to consider different strategies such as market penetration, market development, product development, or diversification. The BCG matrix, business portfolio, and value chain are also useful tools but are more focused on analyzing a company's current operations and assets rather than identifying new growth opportunities. The value delivery network is a broader concept that refers to the entire network of suppliers, intermediaries, and customers involved in delivering value to the end consumer.

Which of the Following Is a Useful Tool for Identifying