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Use Ansoff’s Product-Market Growth Matrix, to des…

Use Ansoff’s Product-Market Growth Matrix, to describe the type of growth strategies that India's…

Use Ansoff’s Product-Market Growth Matrix, to describe the type of growth strategies that India's premier utility vehicles manufacturing company ventures should follow to foray into foreign markets. Mention the reasons too.

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Chiranjibi Aug. 30, 2018

Market Development: One of India’s premier utility vehicles manufacturing company ventures to foray into foreign markets. It refers to a growth strategy where the business seeks to sell its existing products into new markets.