Concentration,backward and forward integration,and related and unrelated diversification are which type of strategy?
A)Growth strategy
B)Grand strategy
C)Combination strategy
D)Turnaround strategy

Question

Quizplus · Accepted Answer

Concentration, backward and forward integration, and related and unrelated diversification are all strategies that a company can use to achieve growth. Therefore, the best choice is A) Growth strategy.

B) Grand strategy is a category of strategies that refer to the overall direction of the company in terms of its vision, mission, and goals.

C) Combination strategy refers to a company's use of multiple strategies to achieve its goals.

D) Turnaround strategy is a strategy that companies use to reverse a decline in performance and return to profitability.

Concentration,backward and Forward Integration,and Related and Unrelated Diversification Are Which