Part 3: Ansoff Matrix Suggest a new business strategy for your chosen company based in application of risk analysis and the Ansoff Matrix. To gain a better understanding of the dangers associated with each strategy (market development, market penetration, product development, and diversification)

1) Do a summary of your chosen strategy, detailing the what, how, when, where, and why. 2) Briefly explain the second-best strategy, and why it was not chosen instead.