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Ansoff Matrix

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Ansoff Matrix

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by Ken Garrett.
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  • May 6, 2017 at 3:12 pm #385099
    Ehsan
    Participant
    • Topics: 43
    • Replies: 420
    • ☆☆☆

    Dear Ken,

    I have a slight question, when a company changes it product slightly to meet the requirement of specific segment of the product, so in the case of Ansoff matrix does it have any relation? Product development or Market, if any?

    Regards,
    Ehsan

    May 7, 2017 at 8:55 am #385158
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10590
    • ☆☆☆☆☆

    If it is only a slight change, I do not think it would figure on the matrix.

    Remember, the purpose of the matrix is not to label developmemts. That is rather pointless. It is more,to suggest to companoes how they can increase profit. If a customer asks you to modify a product for them, then that is how you can increase profit, provided they pay for it. It is then irrelevant how they might then classify the change.

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