Question

34. Unattractive areas of a
business are reduced in
strategy.
Retrenchment
Growth
Stability
Collaboration​

Answer 1

Answer:

collaboration

collaboration

Answer 2

Collaboration

For example, a startup or a new business might pursue a competitive strategy, such as entering a market in which a number of competitors already exist, or a collaborative approach, such as entering into joint ventures with an established firm. The majority of companies, on the other hand, are founded on a small scale, with the primary goal of penetrating the market and reaching breakeven as soon as possible, before pursuing a growth plan.