Tulips Inc.,a successful designer brand,has several outlets in the U.S.To push sales growth,Tulips has decided to focus more on its primary business and open up its branches in ten different countries.This approach taken by Tulips is an example of growth through ________.

Question

Quizplus · Accepted Answer

Concentration is a growth strategy that involves focusing on a single business or product line. In this case, Tulips is focusing on its primary business of designing and selling clothing.