Global Strategy and
Leadership
Product and market options:
Ansoff product-market matrix
Case scenarios
2014
Authors: Delyth Samuel and Samantha Winter (updated by Anne Gleeson)
Published by Deakin University on behalf of CPA Australia Ltd, ABN 64 008 392 452
© CPA Australia Ltd 2014
The contents are for general information only. They are not intended as professional advice, for that you should consult a suitable qualified professional. CPA Australia Ltd expressly disclaims all liability for any loss or damage arising from reliance upon any information in these papers.
Contents
Questions
5
Ansoff product-market matrix
6
Tasks
6
Task 1: Australian Leisure Resorts
7
Task 2: Life’s Little Luxuries
8
Task 3: You Name It! Equipment Hirers
9
Solutions
10
Task 1: Australian Leisure Resorts
11
Task 2: Life’s Little Luxuries
13
Task 3: You Name It! Equipment Hirers
15
Questions
PRODUCT AND MARKET OPTIONS: ANSOFF PRODUCT–MARKET MATRIX
Ansoff product-market matrix
A model for assisting in the identification and assessment of strategic options is the Ansoff product-market matrix.
The Ansoff product-market matrix looks at options from an organisation’s perspective based on two dimensions: product focused and market focused. The term product may refer to a service rather than a physical item, as well as physical products. The market dimension considers geographic markets, as well as customer markets and customer groups.
The four quadrants of the Ansoff product-market matrix are:
Market penetration
Market development
Product development
Diversification.
Tasks
The following tasks require you to:
Classify the strategic options into the correct quadrant of the Ansoff product-market matrix.
Provide an explanation for the rationale for the classification.
GLOBAL STRATEGY AND LEADERSHIP
6
PRODUCT AND MARKET OPTIONS: ANSOFF