Which of the following is NOT one of the four major growth strategies?Multiple ChoicePenetrationMarket DevelopmentProduct developmentMarket DiversificationDiversification
Question
Which of the following is NOT one of the four major growth strategies?Multiple ChoicePenetrationMarket DevelopmentProduct developmentMarket DiversificationDiversification
Solution
The answer is "Market Diversification". This is not one of the four major growth strategies. The four major growth strategies are Market Penetration, Market Development, Product Development, and Diversification.
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