Organizations grow by using strategies of ________.
A) concentration, integration, or diversification
B) concentration, integration, or stabilization
C) integration, diversification, or differentiation
D) integration, diversification, or functionalization

Question

Quizplus · Accepted Answer

Concentration focuses on expanding within the existing market and product lines, integration involves expanding by acquiring and merging with other companies, and diversification involves expanding by entering into new markets and product lines. Stabilization is not a growth strategy, and differentiation and functionalization are not typically recognized as standalone growth strategies.

Organizations Grow by Using Strategies of ________