Which of the following is considered a growth strategy?
A)Concentration
B)Adaptation
C)Analyzing
D)Duplication

Name: Which of the following is considered a growth strategy? A)Concentration B)Adaptation C)Analyzing D)Duplication
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Question

Quizplus · Accepted Answer

Concentration is a growth strategy where a company focuses on increasing its market share in its existing market with its current products or services. This can involve intensifying marketing efforts, improving product quality, or reducing prices to attract more customers.

Which of the Following Is Considered a Growth Strategy