Question

List the different forms of Intensive Expansion. Explain the forms of penetration strategies available to the firm.

Answer 1

Answer:

Some common growth strategies in business include market penetration, market expansion, product expansion, diversification and acquisition.

Market Penetration Strategy. ...

Market Expansion or Development. ...

Product Expansion Strategy. ...

Growth Through Diversification. ...

Acquisition of Other Companies.

Answer 2

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