Reading Comprehension: Application Questions

Which of the following business owners would benefit from use of the Ansoff Matrix?

Very good!

[[snippet]]

This restaurant owner is expanding his or her business by opening another restaurant.

Incorrect.

[[snippet]]

This business owner is reducing the scope of his or her business, not expanding it.

Incorrect.

[[snippet]]

This business decision is not related to expanding the scope of the business.

Incorrect.

[[snippet]]

This business decision is not related to expanding the scope of the business.

Incorrect.

[[snippet]]

This business decision is not related to expanding the scope of the business.

the owner of a retail store who wants to make cutbacks
the owner of a hair salon who is deciding who to hire
the owner of a factory who is negotiating with a union
the owner of a restaurant who wants to open a second restaurant
the owner of an insurance company who is looking to sell the business

The quickest way to get into your dream MBA

Adaptive learning technology

5000+ practice questions

7 simulation exams

Industry-Leading Score Guarantee

Save 100+ hours of your life

iOS and Android apps

Tablet device with “GMAT Prep | Bloomberg Exam Prep” app