MARKETING
MARKETING
7th Edition
ISBN: 9781260087710
Author: Grewal
Publisher: RENT MCG
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Chapter 2.7, Problem 1PC
Summary Introduction

To determine: The four growth strategies.

Introduction: The method used by the company to expand the business in the domestic market and the global market is known as growth strategies. Growth strategies involve the market penetration, product development, market development and diversification.

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Growth Strategies: Where Do We Want to Go?
Name and explain three corporate growth strategies. Of the three strategies you mention, select one and explain in detail: Why do you consider that strategy to be the most important for a business?
2. Mention 2 growth strategies that M&S can use to secure its profits over time?
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