5 Questions
Integrative growth can only be achieved through horizontal integration.
False
Diversification growth strategies are not useful for reducing the risks associated with relying solely on one industry.
False
Intensive growth strategies focus on developing new products for new markets.
True
Concentric diversification strategy involves seeking new products that have technological or marketing synergies with existing product lines.
True
Assessing growth opportunities includes planning new businesses, downsizing, or terminating older businesses.
True
Test your knowledge of business growth strategies with this quiz. Assess different growth opportunities, such as new businesses, downsizing, and termination, and explore intensive growth strategies like market penetration and product development. Understand the concepts of integrative growth, backward integration, and diversification.
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