Which of the following is a potential route to growth as identified by Ansoff (1980)?

Name: Which of the following is a potential route to growth as identified by Ansoff (1980)?
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

Ansoff's Matrix identifies market development as a growth strategy where a company aims to sell its existing products into new markets. This can involve exploring new geographical areas, new segments of the market, or new uses for the product.

Which of the Following Is a Potential Route to Growth