Ansoff Matrix is one of the key growth strategy models that businesses can use. Explain this model with the help of a diagram. Also, use this model to discuss the strategies for one company in each of two industries below:

• Automotive industry
• Hotel industry

Requirement: Could you please explain What Ansoff Matrix model is and provide a diagram that supports your explanation and discuss How Ansoff matrix strategies are being used in an Automotive industry and hotel industry. And provide a name of a automotive company using this model (like how ford uses Ansoff matrix) and same with hotel industry.