________ growth strategies rely on establishing relationships with third parties, such as mergers, acquisitions, strategic alliances, joint ventures, licensing, and franchising.
A) External
B) Domestic
C) Outside
D) Distant
E) Peripheral

Question

Quizplus · Accepted Answer

External growth strategies involve partnering with or acquiring other companies, which is distinct from internal growth strategies that focus on expanding operations with existing resources. The other answer choices (B, C, D, E) do not accurately describe this concept.

________ Growth Strategies Rely on Establishing Relationships with Third Parties