Question: Question 19 1 pts Based on Ansoff Matrix, a firm can have four strategies to grow: market penetration, new products & services, market development, and

Question 19 1 pts Based on Ansoff Matrix, a firm
Question 19 1 pts Based on Ansoff Matrix, a firm can have four strategies to grow: market penetration, new products & services, market development, and conglomerate diversification. To help XIAOMI grow, Wanqiang Li, a cofounder of Xiaomi, suggested Lei that he should develop MIUI and its peripheral smart hardware. Which strategy does this suggestion belong to? O Market development New products & services Conglomerate diversification. Market penetration

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