__________ strategies pursue an increase in size and the expansion of current operations.

Question

Quizplus · Accepted Answer

Growth strategies are specifically focused on increasing the size and expanding current operations of a company. Retrenchment strategies involve scaling back operations, stability strategies focus on maintaining current operations, combination strategies involve a mix of growth and retrenchment, and operational strategies are focused on improving efficiency and effectiveness of current operations rather than expansion.

__________ Strategies Pursue an Increase in Size and the Expansion