Which of the following indicates the direction in which an organization is moving with respect to its current products and markets?
A) Growth vector matrix
B) Line extension graph
C) Market segmentation index
D) Market diversification grid

Question

Quizplus · Accepted Answer

The Growth vector matrix, also known as the Ansoff Matrix, is a strategic planning tool that helps organizations determine their product and market growth strategy, indicating the direction of growth with respect to current products and markets.

Which of the Following Indicates the Direction in Which an Organization