Growth strategies include ________.
A)diversification, concentration, integration, stabilization
B)vertical integration, horizontal integration, concentration, diversification
C)vertical integration, horizontal integration, lateral integration, horizontal concentration
D)integration, renewal, horizontal diversification, vertical diversification

Question

Quizplus · Accepted Answer

The correct growth strategies include vertical integration (acquiring upstream or downstream activities), horizontal integration (merging with or acquiring competitors), concentration (focusing on a single product or market), and diversification (expanding into new products or markets). Option B includes all of these strategies. Options A, C, and D do not include all of these strategies.

Growth Strategies Include ________