Which of the following makes up the three main types of corporate strategies?
A)growth, vertical integration, horizontal integration
B)growth, retrenchment, renewal
C)renewal, retrenchment, diversification
D)growth, stability, renewal

Question

Quizplus · Accepted Answer

The three main types of corporate strategies are growth, stability, and renewal. Growth strategies involve expanding the company's operations, either by increasing sales, developing new products or services, or entering new markets. Stability strategies involve maintaining the company's existing operations without major changes. Renewal strategies involve changing the company's operations in order to address weaknesses or take advantage of new opportunities. Retrenchment and diversification are also important strategies but they are subsets of renewal strategy.

Which of the Following Makes Up the Three Main Types