A ________ strategy is when an organization expands the number of markets served or the products offered.
A) growth
B) renewal
C) stability
D) retrenchment

Question

Quizplus · Accepted Answer

An organization that expands the number of markets served or products offered is pursuing a growth strategy. This type of strategy involves increasing revenue and profits by expanding the size of the organization's operation.

A ________ Strategy Is When an Organization Expands the Number