In the Blank______ quadrant of the core competence--market matrix, a firm combines existing core competencies with existing markets.Multiple choice question.existing core competence--new marketexisting core competence--existing marketnew core competence--existing marketnew core competence--new market
Question
In the Blank______ quadrant of the core competence--market matrix, a firm combines existing core competencies with existing markets.Multiple choice question.existing core competence--new marketexisting core competence--existing marketnew core competence--existing marketnew core competence--new market
Solution
The answer is "existing core competence--existing market". This quadrant of the core competence-market matrix refers to a situation where a firm uses its existing core competencies to serve its existing markets.
Similar Questions
What is the purpose of the core competence–market matrix?Multiple choice question.to provide guidance regarding how to diversify in order to grow the companyto alert executives of potential market instabilityto help firms moderate levels of vertical and horizontal integrationto assess how to respond to PESTEL forces
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