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The following two statements a re related to market development in Ansoff Matrix. Choose the correct of statements being correct or incorrect.
Statement I The firm can create new distribution channels, cross geographical boundaries and create new market segments.
Statement II The focus is on venturing into new market with the existing products.

The following two statements a re related to market development in Ansoff Matrix. Choose the correct of statements being correct or incorrect.
Statement I The firm can create new distribution channels, cross geographical boundaries and create new market segments.
Statement II The focus is on venturing into new market with the existing products. Correct Answer Both statements are incorrect

Related Questions

In the Ansoff Matrix, under which of the following firms can create new distribution channels, cross geographical boundaries and create new market segments?
In order to comply with TRIPS Agreement, India enacted the Geographical Indications of Goods (Registration & Protection) Act, 1999. The difference/differences between a "Trade Mark" and a Geographical Indication is/are 1. A Trade Mark is an individual or a company's right whereas a Geographical Indication is a community's right. 2. A Trade Mark can be licensed whereas a Geographical Indication cannot be licensed. 3. A Trade Mark is assigned to the manufactured goods whereas the Geographical Indication is assigned to the agricultural goods/products and handicrafts only. Which of the statements given above is/are correct?
Consider the following pattern of numbers: \(\dfrac{\begin{matrix} 8 \\\ 6 \ \\\ 4 \ \end{matrix}}{ \ 6} \ \ \dfrac{\begin{matrix} 10 \\\ 5 \ \\\ 6 \ \end{matrix}}{ \ 11} \ \ \dfrac{\begin{matrix} 15 \\\ 7 \ \\\ 8 \ \end{matrix}}{ \ 16} \ \ \dfrac{\begin{matrix} 13 \\\ 4 \ \\\ 8 \ \end{matrix}}{ \ ?}\) What is the number at ? in the above pattern?
A word is represented by only a set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are numbered alternatively and represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are numbered from 0 to 4 and that of Matrix-II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column, for example, ‘C’ can be represented by 42, 56 etc and ‘P’ can be represented by 03, 65 etc. Similarly, you have to identify the set for the word ‘THRONE’.  Matrix I    Matrix II   0 1 2 3 4   5 6 7 8 9 0 H D U P F 5 J C N R G 1 O S K X I 6 P V T X L 2 R E W A Z 7 E Y W A O 3 B T Q Y N 8 K H Q U I 4 J L C V G 9 B S F M D
A word is represented by only set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are number alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are numbered from 0 to 4 and that of Matrix-II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column, for example ‘A’ can be represented by 10, 75 etc and ‘B’ can be represented by 44, 79 etc. Similarly, you have to identify the set for the word ‘FOLDER’.  Matrix I    Matrix II   0 1 2 3 4   5 6 7 8 9 0 H L F M I 5 E I C J G 1 A U W S E 6 P R U S K 2 R Y C Z O 7 A W O D B 3 K T X V J 8 O T V Q L 4 D Q G P B 9 H N D M F
A word is represented by only set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are number alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are numbered from 0 to 4 and that of Matrix-II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column, for example ‘T’ can be represented by 02, 98 etc and ‘E’ can be represented by 12, 59, 97 etc. Similarly, you have to identify the set for the word ‘FAMILY’.  Matrix I    Matrix II   0 1 2 3 4   5 6 7 8 9 0 I M T K G 5 O C M R E 1 O R E Z X 6 J S F W Y 2 A G W U N 7 P I V N G 3 Q S L A H 8 L U B K W 4 J F V P B 9 H Q E T D
A word is represented by only set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are number alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are numbered from 0 to 4 and that of Matrix-II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column, for example ‘K’ can be represented by 43, 89 etc and ‘F’ can be represented by 14, 78 etc. Similarly, you have to identify the set for the word ‘SAMPLE’.  Matrix I    Matrix II   0 1 2 3 4   5 6 7 8 9 0 D L H O A 5 E P V J C 1 E B R L F 6 M T W R S 2 V Q W S J 7 A H O F R 3 G A P D M 8 Q R L A K 4 S N I K C 9 G B I N D
A word is represented by only set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are number alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are numbered from 0 to 4 and that of Matrix-II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column, for example ‘Q’ can be represented by 01, 69 etc and ‘W’ can be represented by 33, 77 etc. Similarly, you have to identify the set for the word ‘MODERN’.  Matrix I    Matrix II   0 1 2 3 4   5 6 7 8 9 0 B Q M I E 5 E K G M B 1 F V T Y G 6 I P T N Q 2 L X J A P 7 S A W V F 3 S H Z W K 8 M U R S J 4 C O U R D 9 D O L H C
A word is represented by only set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are number alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are numbered from 0 to 4 and that of Matrix-II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column, for example ‘D’ can be represented by 40, 68 etc and ‘G’ can be represented by 77, 31 etc. Similarly, you have to identify the set for the word ‘BROKE’.  Matrix I    Matrix II   0 1 2 3 4   5 6 7 8 9 0 J O C T M 5 M V P S A 1 P E V H Y 6 F T K D I 2 B L Q F W 7 H R G W N 3 H G A X R 8 J Z U Q B 4 D S N U K 9 O C L E H
A word is represented by only set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are number alternatives are represented by two classes of alphabets as shown in the given two matrices. The columns and rows of Matrix-I are numbered from 0 to 4 and that of Matrix-II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column, for example ‘A’ can be represented by 40, 04, 98 etc and ‘X’ can be represented by 23, 85 etc. Similarly, you have to identify the set for the word ‘FRIEND’.  Matrix I    Matrix II   0 1 2 3 4   5 6 7 8 9 0 E O T U A 5 G Q S K E 1 K W I C Z 6 Y V U D P 2 U M P X S 7 R M I Z T 3 P F Y D N 8 X T C N W 4 A R V Q K 9 O Z Q A F