The useful framework for detecting new is called a "product-market expansion grid"

Related MCQs

• In , the company would seek new products that have marketing or technological synergies with existing product lines appealing to a new group of customers.
• Which of the following is not Growth/Expansion strategies?
• It is often useful to complete a ------ analysis before completing a ------- analysis.
• New entrants to an industry are more likely when (i.e., entry barriers are low when…)
• It directs at developing new products before competitors do at improving product quality or at improving manufacturing processes to reduce costs.
• Change in company’s ………. gives rise to problems necessitating a new ……… to be made
• Défense strategies in which the leader stretches over new market territories using market diversification is classified as
• In , the company can develop new products that are technologically unrelated to its current product line and still can appeal to its current customers.
• In , the company may seek new opportunities that have no relation with its current technology, products, or markets.
• Redefining how company gets paid or create innovative new revenue streams is of Business innovation.