In the Ansoff Product Growth-Market Strategy Matrix, the most extreme growth option for a business would be:
A) market penetration
B) service development
C) diversification

Name: In the Ansoff Product Growth-Market Strategy Matrix, the most extreme growth option for a business would be: A) market penetration B) service development C) diversification
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

Diversification is the most extreme growth option because it involves entering a new market with a new product.

In the Ansoff Product Growth-Market Strategy Matrix, the Most Extreme