A(n) _______________ strategy is a competitive strategy by which a firm significantly expands its capacity to produce goods and services, expanding and diversifying in the market.
A) alliance
B) growth
C) differentiation
D) innovation

Question

Quizplus · Accepted Answer

The term used to describe the strategy mentioned in the question is "growth strategy". Option A (alliance) refers to a strategy of collaborating with other firms for mutual benefit. Option C (differentiation) is a strategy that involves offering unique products or services to stand out in the market. Option D (innovation) refers to a strategy of introducing new or improved products, processes, or services.

A(n) _______________ Strategy Is a Competitive Strategy by Which a Firm