Companies attempting to integrate vertically or horizontally or to diversify exhibit a(n)________ strategy.
A)external growth
B)divestment
C)concentration
D)liquidation
E)internal growth

Question

Quizplus · Accepted Answer

Companies attempting to integrate vertically or horizontally or to diversify are using external growth strategies, which involve expanding operations through mergers, acquisitions, partnerships, or joint ventures with other companies. This is in contrast to internal growth strategies (E) which involve expanding operations through new product development or increasing market share within the existing market. Divestment (B) and liquidation (D) are strategies that involve reducing or eliminating operations, while concentration (C) involves focusing on a specific product or market.

Companies Attempting to Integrate Vertically or Horizontally or to Diversify