Which of the following is a useful tool for identifying growth opportunities?
A)the BCG matrix
B)the business portfolio
C)the product / market expansion grid
D)the value chain
E)the value delivery network

Question

Quizplus · Accepted Answer

The product/market expansion grid is a useful tool for identifying growth opportunities as it helps to identify different strategies for expanding into new product and market segments. This tool helps in mapping out the potential opportunities that a company can explore, and helps in creating a framework for analyzing the profitability and viability of each opportunity. The BCG matrix is useful for analyzing a company's existing product portfolio, the business portfolio helps to evaluate a company's overall investment and growth strategies, the value chain helps to identify the activities that add value to a product or service, and the value delivery network is a framework for assessing how a company delivers value to its customers. All of these are important tools, but they do not specifically focus on identifying growth opportunities.

Which of the Following Is a Useful Tool for Identifying