Which of the following are strategies based on a firm's approach to market share growth?
A)Handle,Hermetic,Hold,or Harvest
B)Build,Hold,Harvest,or Divest
C)Handle,Expand,Low-Cost,or Divest
D)Build,Expand,Hold,or Divest

Question

Quizplus · Accepted Answer

The strategies listed in option B are commonly associated with a firm's approach to market share growth. "Build" strategy, as the name suggests, aims to expand market share by investing in resources, advertising, and research to improve the brand image. "Hold" strategy focuses on maintaining the current market share by continuing the same business practices. "Harvest" strategy concentrates on maximizing profits by reducing investment in the business and lowering the cost of production. Lastly, "Divest" strategy aims to sell or shut down low-performing business units to reduce costs and focus on more profitable ventures.

Which of the Following Are Strategies Based on a Firm's