Vidyalelo
Management · Q57

Strategic Management

Graduate and Post Graduate · Management · question 57

Q57

The slowest way to grow a business is likely to be through:

A.
A merger
B.
outsourcing
C.
Internal development
Answer
D.
A strategic alliance

Answer: Option C

Solution

Answer: Option C
Solution:
The slowest way to grow a business is likely to be through Internal development. Internal growth strategy refers to the growth within the organisation by using internal resources. Internal growth strategy focus on developing new products, increasing efficiency, hiring the right people, better marketing etc.