MAJOR REASONS FOR GROWTH/EXPANSION STRATEGY


 Major Reasons for Growth/Expansion Strategy
  •  It may become imperative when environment demands increase in pace of activity. 
  •  Strategists may feel more satisfied with the prospects of growth from expansion; chief executives may take pride in presiding over organizations perceived to be growth-oriented.
  •  Expansion may lead to greater control over the market vis-a-vis competitors. 
  •  Advantages from the experience curve and scale of operations may accrue.
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