Question

Explain the growth of corporate strategy 10th standard

Answer 1

Most small companies have plans to grow their business and increase sales and profits. However, there are certain methods companies must use for implementing a growth strategy. ... Some common growth strategies in business include market penetration, market expansion, product expansion, diversification and acquisition.

Answer 2

CORPORATE STRATEGY is the direction an organization takes with the objective of achieving business success in the long term. Recent approaches have focused on the need for companies to adapt to and anticipate changes in the business environment, i.e. a flexible strategy.