A ______________ strategy means an organization is growing aggressively in its existing line(s)of business.
A)Integration
B)Diversification
C)Concentration
D)Stability

Question

Quizplus · Accepted Answer

A concentration strategy focuses on expanding within the existing line(s) of business, therefore, it is the best choice for the given statement. Integration strategy involves merging or acquiring other businesses to improve operational efficiencies, while diversification strategy involves entering new markets and industries. Stability strategy is when an organization maintains status quo and avoids significant growth or change.

A ______________ Strategy Means an Organization Is Growing Aggressively in Its