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ICAB AL Strategic Business Management Practice Questions - ICAB CA Advanced Level Strategic Business Management And Leadership (Bangladesh) Exam

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A major ready-made garment (RMG) conglomerate in Bangladesh decides to leverage its existing manufacturing capabilities to produce medical-grade personal protective equipment (PPE) for entirely new healthcare hospital chains in North America. According to the Ansoff Growth Matrix, this strategic growth vector represents:
Correct Answer:
Diversification

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