Which of the following is the MOST risky growth strategy for a company to pursue?

Question

Quizplus · Accepted Answer

Diversification is the most risky growth strategy as it involves expanding into new markets or developing new products that may not align with the company's current expertise or customer base. This can lead to significant financial and operational challenges that may harm the company's overall performance. The other options, such as market penetration or development, involve expanding within existing markets or developing variations of existing products, which may be less risky as they build on the company's existing strengths and knowledge.

Which of the Following Is the MOST Risky Growth Strategy