Under stable conditions,concentrated growth is characterized as:
A) Higher risk
B) Lower risk
C) Increasing resource needs
D) Increasing costs

Question

Quizplus · Accepted Answer

Concentrated growth implies a focus on a particular product, market, or region. This specialization can result in lower risk because the company becomes an expert in their chosen area, allowing them to establish a competitive advantage. Additionally, the company's resources are concentrated on a limited number of areas, reducing the risk of spreading themselves too thin. While concentrated growth may still require additional resources or costs, it does not inherently imply an increase in either.

Under Stable Conditions,concentrated Growth Is Characterized As