Scenario: TeleToys International
TeleToys International, a U.S.-based company, recently opened 18 toy stores in Brazil, acquired a women's clothing store company in Canada, and closed its men's clothing store chain in Australia. The company has a structure that organizes its global operations into geographic regions.
-TeleToys' opening of 18 stores in Brazil can best be described as a(n) ________ strategy.

Question

Quizplus · Accepted Answer

Organic growth refers to the expansion of a company's operations utilizing internal resources and capabilities. TeleToys' opening of 18 stores in Brazil is an example of this type of growth strategy, as it involves the company expanding its business by investing in and developing its own new retail locations.

Scenario: TeleToys International TeleToys International, a U.S.-Based Company, Recently Opened 18 Toy Stores