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Q1: (250-300 words) Apply Ansoff Matrix options to any product of your choice by: A . Using the...

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General Management

Q1: (250-300 words)

Apply Ansoff Matrix options to any product of yourchoice by:

A . Using the matrix (actual diagram)
B . Explaining and discussing the product through all fourstages

Answer & Explanation Solved by verified expert
4.0 Ratings (616 Votes)
I will take CocaCola to explain it inAnsoff matrixA Please refer the imageExisting Product and Existing Market MarketPenetrationEg CocaCola for ChristmasExisting Product and New market MarketDevelopmentEg Diet cokeNew Product and Existing Market ProductdevelopmentEg Cherry Coke launched in 1985New product and New market ProductdiversificationEg CocaCola merchandises    See Answer
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