Which of the following is an example of an external growth strategy?
A) Geographic expansion
B) Improving an existing product or service
C) Increasing the market penetration of an existing product or service
D) Extending product lines
E) Strategic alliances

Question

Quizplus · Accepted Answer

Strategic alliances involve partnering with other companies, which is an external method of growth, as opposed to internal strategies like improving products or expanding geographically.

Which of the Following Is an Example of an External