Which of the following strategies is designed to increase the scale or scope of a corporation's operations?
A)differentiation strategy
B)growth strategy
C)stability strategy
D)retrenchment strategy

Question

Quizplus · Accepted Answer

A growth strategy is designed to increase the scale or scope of a corporation's operations. This can be achieved through various means such as expanding into new markets, increasing production capacity, acquiring other companies, and launching new products or services. The other strategies listed - differentiation, stability, and retrenchment - are not specifically focused on increasing the scale or scope of operations.

Which of the Following Strategies Is Designed to Increase the Scale