The four growth strategies outlined in the text are: penetration strategy,customer development strategy,service development strategy,and diversification strategy.
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Q5: If the existing product is being sold
Q6: In a value-added chain,value is added only
Q7: Product development strategies use customers' experiences to
Q8: Market development strategies involve selling the firm's
Q9: Employee turnover for part-time workers is lower
Q11: Using a penetration strategy,the entrepreneur attempts to
Q12: One of the most successful diversification strategies
Q13: To prevent pressures on the financial resources
Q14: Forward integration occurs when the firm acquires
Q15: A product development strategy relies on taking
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