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Management · Q233

Strategic Management

Graduate and Post Graduate · Management · question 233

Q233

Which of the following is not en element of the growth/market options matrix developed by Ansoff (1987)?

A.
Market development
B.
Diversification
C.
Product development
D.
Market segmentation
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Market segmentation is not en element of the growth/market options matrix developed by Ansoff (1987). The Ansoff Matrix was developed by H. Igor Ansoff and first published in the Harvard Business Review in 1957, in an article titled "Strategies for Diversification." It has given generations of marketers and business leaders a quick and simple way to think about the risks of growth.