Product Market Diversification
Bibliographic Data
| ID | 23616063 |
|---|---|
| Authors | Paul Simmonds (University of Warwick, corresponding author) |
| Year | 2015 |
| Pages | 1-2 |
| Publication date | 2015-01-22 |
| Open Access | Yes |
| Type | CHAPTER |
| Venue | Wiley Encyclopedia of Management (SOURCE_BOOK) |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/9781118785317.weom120151 |
| OpenAlex | W1523583151 |
| ISBN | 9781118785317 |
| Language | EN |
The matrix was developed by Ansoff and identifies a company's strategic options according to its market and product decisions. These decisions – new or existing products and new or existing markets – will lead to strategies for product development, market development, or the protection/maintenance/growth of its market shares or diversification. By adding a third dimension, decisions regarding geographic markets may also be taken into account in the identification of strategic options.
Business · Dimension (graph theory) · Diversification (marketing strategy) · Economics · Identification (biology) · Industrial organization · Market analysis · Market development · Market economy · Market segmentation · Market share · New product development · Product (mathematics) · Product market · Corporate Governance and Management · Marketing · Product Development and Customization · Technology Assessment and Management
| Highly cited | No |
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