hope it is helpful for you. Cooperation Expansion Strategy: A cooperative strategy is a strategy in which firms work together to achieve a shared objective. From Horizontal to Vertical: Industrial Intensification Grows Up - NAIOP Diversification is accomplished through external modes through acquisitions and joint ventures. The companys values and work ethics are sustained. Diversification makes addition to the portfolio of business the growth strategy is pursued when the firms growth objectives are very high and it could not be achieved with in the existing product/market scope. Diversification refers to the directions of development which take the organization away from both its present products and its present markets at the same time. Type # 1. Explanation: Intensification strategy is a Internal type of growth. Restructure: When a firm grows, there is a need to streamline (requires time, effort, money), infrastructures, communications, and connections will need to be handled with more care, and there is a need for booster training or updating the set of skills for staff. Intensification strategy is a ------------ type of growth. The takeovers are subject to the regulations contained in SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. The motives behind strategic alliances are to reduce cost, technology sharing, product development, market access, availability of capital, risk sharing etc. The partners in joint venture will provide risk capital, technology, patent, trade mark, brand names and allow both the partners to reap benefit to agreed share. A merger refers to a combination of two or more companies into a single company. The three possible ways of implementing the product development strategy are: In this case the company will launch new products for new customers. When you start to drive website traffic, you need to hit this traffic with an invaluable proposal to convert them into a customer. Advantages and Disadvantages of Organizational Change, Role of Information Technology (IT) in the Banking Sector, Elton Mayos Hawthorne Experiment and Its Contributions to Management, How To Assess the Financial Health of a Company, Role of Information System in Business Process Reengineering (BPR), The Engel Kollat Blackwell Model of Consumer Behavior, Traditional Management Model vs. Modern Management Model. Your current customers are an irreplaceable cause for your organic growth. Both are organic abilities that describe why companies are fruitful. Concentration involves expansion within the existing line of business. Its, in essence, growing your sales from within using the resources you have, including skills, data, capabilities, connections, and other tools. Traditional means of operating with little cultural diversity and without global competition are no longer effective firms. What is internal growth? Types of Growth Strategies: Two types of growth strategies are developed that include Internal and External.

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